LHM Inc. Has $17.08 Million Stock Holdings in BlackRock Flexible Income ETF (NYSEARCA:BINC)

LHM Inc. lifted its position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 278.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 327,261 shares of the company’s stock after acquiring an additional 240,884 shares during the period. BlackRock Flexible Income ETF accounts for 6.2% of LHM Inc.’s portfolio, making the stock its 4th biggest holding. LHM Inc.’s holdings in BlackRock Flexible Income ETF were worth $17,083,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of BINC. Dynasty Wealth Management LLC bought a new position in BlackRock Flexible Income ETF in the 1st quarter valued at about $163,937,000. Envestnet Portfolio Solutions Inc. grew its position in BlackRock Flexible Income ETF by 2,120.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,023,443 shares of the company’s stock valued at $106,150,000 after buying an additional 1,932,320 shares in the last quarter. CWM LLC grew its position in BlackRock Flexible Income ETF by 33,255.1% in the 1st quarter. CWM LLC now owns 1,667,755 shares of the company’s stock valued at $87,490,000 after buying an additional 1,662,755 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in BlackRock Flexible Income ETF in the 2nd quarter valued at about $67,737,000. Finally, Cetera Investment Advisers acquired a new stake in BlackRock Flexible Income ETF in the 1st quarter valued at about $67,814,000.

BlackRock Flexible Income ETF Price Performance

Shares of NYSEARCA BINC opened at $53.49 on Friday. BlackRock Flexible Income ETF has a twelve month low of $49.54 and a twelve month high of $53.53. The firm has a 50-day moving average of $52.93 and a two-hundred day moving average of $52.40.

BlackRock Flexible Income ETF 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.