Mount Yale Investment Advisors LLC Takes Position in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Mount Yale Investment Advisors LLC bought a new position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,261 shares of the company’s stock, valued at approximately $643,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BINC. Claro Advisors LLC bought a new position in BlackRock Flexible Income ETF during the fourth quarter worth $1,062,000. Secure Asset Management LLC acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $3,614,000. Park Place Capital Corp bought a new stake in shares of BlackRock Flexible Income ETF in the 4th quarter valued at $55,000. Stratos Wealth Advisors LLC bought a new position in BlackRock Flexible Income ETF during the fourth quarter worth $2,379,000. Finally, Priebe Wealth Holdings LLC acquired a new stake in BlackRock Flexible Income ETF in the fourth quarter worth $8,324,000.

BlackRock Flexible Income ETF Price Performance

Shares of BINC traded down $0.01 during trading hours on Tuesday, reaching $52.67. The stock had a trading volume of 23,128 shares, compared to its average volume of 615,780. The firm has a 50-day simple moving average of $52.27 and a 200 day simple moving average of $52.19. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $52.70.

About BlackRock Flexible Income ETF

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.