Hurley Capital LLC Raises Stake in iShares Flexible Income Active ETF $BINC

Hurley Capital LLC increased its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 60.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,153 shares of the company’s stock after buying an additional 14,692 shares during the period. iShares Flexible Income Active ETF comprises about 1.2% of Hurley Capital LLC’s holdings, making the stock its 24th biggest position. Hurley Capital LLC’s holdings in iShares Flexible Income Active ETF were worth $2,085,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in BINC. Trust Co. of Vermont bought a new position in shares of iShares Flexible Income Active ETF during the 3rd quarter valued at approximately $28,000. Bessemer Group Inc. purchased a new position in iShares Flexible Income Active ETF in the third quarter valued at approximately $53,000. Golden State Wealth Management LLC grew its holdings in iShares Flexible Income Active ETF by 12.3% during the third quarter. Golden State Wealth Management LLC now owns 3,485 shares of the company’s stock valued at $186,000 after purchasing an additional 382 shares during the period. Colonial Trust Co SC increased its position in iShares Flexible Income Active ETF by 12.4% in the third quarter. Colonial Trust Co SC now owns 4,098 shares of the company’s stock worth $218,000 after buying an additional 452 shares during the last quarter. Finally, Gilliland Jeter Wealth Management LLC increased its position in iShares Flexible Income Active ETF by 26.2% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 4,921 shares of the company’s stock worth $262,000 after buying an additional 1,021 shares during the last quarter.

iShares Flexible Income Active ETF Stock Down 0.0%

Shares of NYSEARCA BINC opened at $53.23 on Wednesday. iShares Flexible Income Active ETF has a one year low of $50.84 and a one year high of $53.51. The business’s fifty day moving average price is $52.96 and its 200-day moving average price is $53.06.

About iShares Flexible Income Active 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. BINC was launched on May 19, 2023 and is managed by BlackRock.