Magnus Financial Group LLC Grows Stock Position in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Magnus Financial Group LLC grew its holdings in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,261 shares of the company’s stock after purchasing an additional 481 shares during the quarter. Magnus Financial Group LLC’s holdings in BlackRock Flexible Income ETF were worth $588,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Dynasty Wealth Management LLC bought a new position in BlackRock Flexible Income ETF in the 1st quarter worth approximately $163,937,000. Quotient Wealth Partners LLC bought a new position in shares of BlackRock Flexible Income ETF during the 4th quarter valued at approximately $130,802,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of BlackRock Flexible Income ETF by 2,120.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,023,443 shares of the company’s stock valued at $106,150,000 after acquiring an additional 1,932,320 shares during the last quarter. CWM LLC boosted its position in shares of BlackRock Flexible Income ETF by 33,255.1% during the 1st quarter. CWM LLC now owns 1,667,755 shares of the company’s stock valued at $87,490,000 after acquiring an additional 1,662,755 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of BlackRock Flexible Income ETF during the 2nd quarter valued at approximately $67,737,000.

BlackRock Flexible Income ETF Trading Down 0.4 %

NYSEARCA BINC opened at $52.96 on Wednesday. BlackRock Flexible Income ETF has a one year low of $49.54 and a one year high of $53.26. The stock has a 50 day moving average price of $52.66 and a 200-day moving average price of $52.31.

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.