iShares Flexible Income Active ETF $BINC Shares Bought by Legacy Financial Group LLC

Legacy Financial Group LLC lifted its position in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 9.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 531,250 shares of the company’s stock after purchasing an additional 43,751 shares during the quarter. iShares Flexible Income Active ETF accounts for about 3.5% of Legacy Financial Group LLC’s investment portfolio, making the stock its 8th biggest holding. Legacy Financial Group LLC’s holdings in iShares Flexible Income Active ETF were worth $28,082,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Redwood Investment Management LLC raised its holdings in iShares Flexible Income Active ETF by 11.3% during the second quarter. Redwood Investment Management LLC now owns 24,124 shares of the company’s stock worth $1,275,000 after acquiring an additional 2,442 shares in the last quarter. Gilliland Jeter Wealth Management LLC raised its holdings in iShares Flexible Income Active ETF by 26.2% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 4,921 shares of the company’s stock worth $262,000 after acquiring an additional 1,021 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in iShares Flexible Income Active ETF by 66.1% during the third quarter. Arkadios Wealth Advisors now owns 50,147 shares of the company’s stock worth $2,670,000 after acquiring an additional 19,948 shares in the last quarter. Twin Peaks Wealth Advisors LLC raised its holdings in iShares Flexible Income Active ETF by 18.5% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 24,462 shares of the company’s stock worth $1,302,000 after acquiring an additional 3,826 shares in the last quarter. Finally, Tidemark LLC raised its holdings in iShares Flexible Income Active ETF by 13.9% during the third quarter. Tidemark LLC now owns 171,214 shares of the company’s stock worth $9,115,000 after acquiring an additional 20,912 shares in the last quarter.

iShares Flexible Income Active ETF Trading Down 0.1%

BINC opened at $52.21 on Friday. iShares Flexible Income Active ETF has a 52-week low of $51.60 and a 52-week high of $53.51. The business’s 50-day simple moving average is $52.20 and its 200 day simple moving average is $52.74.

iShares Flexible Income Active ETF Company Profile

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.