Icon Wealth Advisors LLC bought a new position in BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) during the 1st quarter, Holdings Channel reports. The institutional investor bought 94,572 shares of the company’s stock, valued at approximately $4,961,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. YHB Investment Advisors Inc. bought a new position in shares of BlackRock Flexible Income ETF in the first quarter worth $25,000. Retirement Group LLC grew its position in BlackRock Flexible Income ETF by 927.3% during the first quarter. Retirement Group LLC now owns 565 shares of the company’s stock worth $30,000 after buying an additional 510 shares in the last quarter. Sunbelt Securities Inc. bought a new position in BlackRock Flexible Income ETF in the 1st quarter worth about $31,000. Eagle Bay Advisors LLC bought a new position in BlackRock Flexible Income ETF in the 1st quarter worth about $33,000. Finally, Global Wealth Strategies & Associates purchased a new stake in shares of BlackRock Flexible Income ETF in the 1st quarter valued at about $39,000.
BlackRock Flexible Income ETF Stock Up 0.1 %
Shares of NYSEARCA BINC traded up $0.03 during midday trading on Tuesday, hitting $52.71. 385,357 shares of the company’s stock were exchanged, compared to its average volume of 618,278. The business’s fifty day moving average price is $52.27 and its two-hundred day moving average price is $52.19. BlackRock Flexible Income ETF has a 12-month low of $49.54 and a 12-month high of $52.71.
BlackRock Flexible Income 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.
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Want to see what other hedge funds are holding BINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report).
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