Farther Finance Advisors LLC Buys 136,183 Shares of iShares Flexible Income Active ETF $BINC

Farther Finance Advisors LLC lifted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 73.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 321,728 shares of the company’s stock after purchasing an additional 136,183 shares during the quarter. Farther Finance Advisors LLC owned 0.11% of iShares Flexible Income Active ETF worth $16,978,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cedar Mountain Advisors LLC grew its holdings in shares of iShares Flexible Income Active ETF by 18.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 121,935 shares of the company’s stock valued at $6,492,000 after purchasing an additional 19,215 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of iShares Flexible Income Active ETF by 66.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 50,147 shares of the company’s stock valued at $2,670,000 after acquiring an additional 19,948 shares in the last quarter. Vantage Financial Partners LLC boosted its holdings in shares of iShares Flexible Income Active ETF by 8.3% during the 3rd quarter. Vantage Financial Partners LLC now owns 410,549 shares of the company’s stock valued at $21,858,000 after acquiring an additional 31,383 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in shares of iShares Flexible Income Active ETF by 11.5% during the 3rd quarter. Strategic Blueprint LLC now owns 171,224 shares of the company’s stock valued at $9,116,000 after acquiring an additional 17,703 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of iShares Flexible Income Active ETF by 50.0% during the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after acquiring an additional 170,583 shares in the last quarter.

iShares Flexible Income Active ETF Price Performance

NYSEARCA BINC opened at $52.36 on Wednesday. iShares Flexible Income Active ETF has a twelve month low of $51.41 and a twelve month high of $53.51. The business’s fifty day moving average is $52.50 and its 200 day moving average is $52.85.

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.