Arkadios Wealth Advisors Purchases New Holdings in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Arkadios Wealth Advisors acquired a new position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 8,296 shares of the company’s stock, valued at approximately $433,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BINC. Atria Wealth Solutions Inc. acquired a new stake in shares of BlackRock Flexible Income ETF in the fourth quarter worth $238,000. Kestra Private Wealth Services LLC grew its stake in BlackRock Flexible Income ETF by 16.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 7,494 shares of the company’s stock valued at $392,000 after acquiring an additional 1,084 shares in the last quarter. Eldridge Investment Advisors Inc. acquired a new position in shares of BlackRock Flexible Income ETF in the 4th quarter valued at about $204,000. Wealthcare Advisory Partners LLC purchased a new position in BlackRock Flexible Income ETF during the fourth quarter valued at approximately $429,000. Finally, Private Advisor Group LLC acquired a new position in BlackRock Flexible Income ETF in the 4th quarter valued at approximately $4,082,000.

BlackRock Flexible Income ETF Stock Up 0.0 %

BINC stock traded up $0.01 during midday trading on Friday, reaching $53.20. The company had a trading volume of 76,283 shares, compared to its average volume of 616,520. The company has a 50 day moving average of $52.62 and a two-hundred day moving average of $52.30. BlackRock Flexible Income ETF has a 1 year low of $49.54 and a 1 year high of $53.26.

BlackRock Flexible Income 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.