Nations Financial Group Inc. IA ADV Purchases New Shares in iShares Flexible Income Active ETF $BINC

Nations Financial Group Inc. IA ADV acquired a new stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,776 shares of the company’s stock, valued at approximately $569,000.

Several other large investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its position in iShares Flexible Income Active ETF by 57.6% during the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock worth $362,437,000 after acquiring an additional 2,489,130 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Flexible Income Active ETF by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,296,259 shares of the company’s stock valued at $601,413,000 after purchasing an additional 490,193 shares during the period. Parallel Advisors LLC boosted its holdings in iShares Flexible Income Active ETF by 50.0% in the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after purchasing an additional 170,583 shares during the period. NewEdge Advisors LLC grew its position in shares of iShares Flexible Income Active ETF by 17.0% during the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock worth $52,934,000 after purchasing an additional 144,239 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of iShares Flexible Income Active ETF by 73.4% during the 4th quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock worth $16,978,000 after purchasing an additional 136,183 shares in the last quarter.

iShares Flexible Income Active ETF Price Performance

Shares of BINC opened at $52.51 on Monday. iShares Flexible Income Active ETF has a 12 month low of $51.50 and a 12 month high of $53.51. The firm’s 50 day moving average is $52.47 and its 200-day moving average is $52.84.

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. BINC was launched on May 19, 2023 and is managed by BlackRock.