Transcend Capital Advisors LLC Cuts Position in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Transcend Capital Advisors LLC cut its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 34.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,876 shares of the company’s stock after selling 6,898 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $670,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bay Harbor Wealth Management LLC increased its holdings in iShares Flexible Income Active ETF by 58.2% in the 3rd quarter. Bay Harbor Wealth Management LLC now owns 75,449 shares of the company’s stock worth $4,039,000 after acquiring an additional 27,753 shares in the last quarter. Strategic Blueprint LLC increased its stake in shares of iShares Flexible Income Active ETF by 22.6% during the third quarter. Strategic Blueprint LLC now owns 127,623 shares of the company’s stock worth $6,832,000 after purchasing an additional 23,497 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of iShares Flexible Income Active ETF by 26.6% during the third quarter. Creative Financial Designs Inc. ADV now owns 17,565 shares of the company’s stock worth $940,000 after purchasing an additional 3,689 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of iShares Flexible Income Active ETF by 76.9% during the third quarter. Farther Finance Advisors LLC now owns 104,141 shares of the company’s stock worth $5,575,000 after purchasing an additional 45,285 shares in the last quarter. Finally, Lindbrook Capital LLC increased its stake in shares of iShares Flexible Income Active ETF by 95.6% during the third quarter. Lindbrook Capital LLC now owns 3,950 shares of the company’s stock worth $211,000 after purchasing an additional 1,931 shares in the last quarter.

iShares Flexible Income Active ETF Trading Up 0.1 %

NYSEARCA:BINC opened at $52.59 on Friday. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.56. The stock has a 50 day moving average of $52.25 and a two-hundred day moving average of $52.70.

iShares Flexible Income Active 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.