Farther Finance Advisors LLC Acquires 22,189 Shares of BlackRock Flexible Income ETF (NYSEARCA:BINC)

Farther Finance Advisors LLC increased its stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 60.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,856 shares of the company’s stock after acquiring an additional 22,189 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.10% of BlackRock Flexible Income ETF worth $3,055,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of BINC. Atria Wealth Solutions Inc. bought a new stake in BlackRock Flexible Income ETF in the 4th quarter valued at about $238,000. Kestra Private Wealth Services LLC boosted its holdings in shares of BlackRock Flexible Income ETF by 16.9% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,494 shares of the company’s stock worth $392,000 after purchasing an additional 1,084 shares during the period. Eldridge Investment Advisors Inc. bought a new position in BlackRock Flexible Income ETF in the 4th quarter worth $204,000. Wealthcare Advisory Partners LLC bought a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter valued at $429,000. Finally, Private Advisor Group LLC bought a new position in BlackRock Flexible Income ETF in the 4th quarter worth about $4,082,000.

BlackRock Flexible Income ETF Stock Performance

BINC stock remained flat at $53.19 on Friday. 451,647 shares of the company traded hands, compared to its average volume of 618,754. BlackRock Flexible Income ETF has a 52 week low of $49.54 and a 52 week high of $53.26. The company has a 50-day moving average of $52.64 and a 200-day moving average of $52.30.

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.