Bank of New York Mellon Corp Grows Holdings in iShares Flexible Income Active ETF $BINC

Bank of New York Mellon Corp grew its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 8.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,149,509 shares of the company’s stock after acquiring an additional 90,210 shares during the period. Bank of New York Mellon Corp owned about 0.58% of iShares Flexible Income Active ETF worth $60,740,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in iShares Flexible Income Active ETF by 39.5% in the 1st quarter. Ameriprise Financial Inc. now owns 4,388,476 shares of the company’s stock worth $229,853,000 after purchasing an additional 1,243,383 shares during the period. Integrated Wealth Concepts LLC grew its holdings in iShares Flexible Income Active ETF by 120.9% in the first quarter. Integrated Wealth Concepts LLC now owns 1,197,517 shares of the company’s stock valued at $62,726,000 after purchasing an additional 655,433 shares during the period. Scissortail Wealth Management LLC purchased a new stake in shares of iShares Flexible Income Active ETF in the first quarter valued at approximately $11,854,000. Janney Montgomery Scott LLC raised its stake in shares of iShares Flexible Income Active ETF by 6.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,384,120 shares of the company’s stock worth $73,137,000 after buying an additional 81,337 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of iShares Flexible Income Active ETF by 8.9% during the 1st quarter. NewEdge Advisors LLC now owns 812,975 shares of the company’s stock worth $42,584,000 after buying an additional 66,694 shares during the period.

iShares Flexible Income Active ETF Price Performance

iShares Flexible Income Active ETF stock opened at $53.12 on Tuesday. The company’s fifty day moving average price is $53.19 and its 200 day moving average price is $52.74. iShares Flexible Income Active ETF has a 1 year low of $50.84 and a 1 year high of $53.51.

iShares Flexible Income Active ETF 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.