Janney Montgomery Scott LLC cut its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 14.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,357,562 shares of the company’s stock after selling 222,097 shares during the period. Janney Montgomery Scott LLC owned about 0.42% of iShares Flexible Income Active ETF worth $70,498,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in BINC. Elyxium Wealth LLC purchased a new position in iShares Flexible Income Active ETF during the 4th quarter valued at about $25,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Flexible Income Active ETF in the fourth quarter valued at about $30,000. Canton Hathaway LLC acquired a new stake in shares of iShares Flexible Income Active ETF in the fourth quarter valued at approximately $32,000. Curio Wealth LLC grew its position in shares of iShares Flexible Income Active ETF by 577.0% in the fourth quarter. Curio Wealth LLC now owns 677 shares of the company’s stock valued at $36,000 after purchasing an additional 577 shares during the last quarter. Finally, Proathlete Wealth Management LLC purchased a new position in shares of iShares Flexible Income Active ETF during the 4th quarter worth approximately $40,000.
iShares Flexible Income Active ETF Price Performance
Shares of BINC opened at $52.38 on Friday. iShares Flexible Income Active ETF has a 1-year low of $51.60 and a 1-year high of $53.51. The firm has a 50 day simple moving average of $52.25 and a 200-day simple moving average of $52.53.
About iShares Flexible Income Active ETF
The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.
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