Arkadios Wealth Advisors Buys 19,948 Shares of iShares Flexible Income Active ETF $BINC

Arkadios Wealth Advisors lifted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 66.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,147 shares of the company’s stock after purchasing an additional 19,948 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares Flexible Income Active ETF were worth $2,670,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cedar Mountain Advisors LLC boosted its position in shares of iShares Flexible Income Active ETF by 18.7% in the third quarter. Cedar Mountain Advisors LLC now owns 121,935 shares of the company’s stock valued at $6,492,000 after acquiring an additional 19,215 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares Flexible Income Active ETF by 0.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 10,806,066 shares of the company’s stock worth $570,993,000 after purchasing an additional 97,669 shares in the last quarter. Tsfg LLC lifted its stake in iShares Flexible Income Active ETF by 12.3% in the 2nd quarter. Tsfg LLC now owns 120,982 shares of the company’s stock worth $6,393,000 after purchasing an additional 13,219 shares in the last quarter. Hurley Capital LLC boosted its holdings in iShares Flexible Income Active ETF by 893.5% in the 2nd quarter. Hurley Capital LLC now owns 24,461 shares of the company’s stock valued at $1,293,000 after purchasing an additional 21,999 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of iShares Flexible Income Active ETF by 26.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 185,545 shares of the company’s stock valued at $9,878,000 after purchasing an additional 38,286 shares in the last quarter.

iShares Flexible Income Active ETF Trading Up 0.2%

Shares of BINC stock opened at $52.95 on Thursday. iShares Flexible Income Active ETF has a 52-week low of $50.84 and a 52-week high of $53.51. The business’s fifty day moving average is $52.95 and its 200 day moving average is $52.99.

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.