iShares Flexible Income Active ETF (NYSEARCA:BINC) Stake Lessened by Arkadios Wealth Advisors

Arkadios Wealth Advisors cut its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 5.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,821 shares of the company’s stock after selling 475 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Flexible Income Active ETF were worth $419,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC boosted its holdings in shares of iShares Flexible Income Active ETF by 47.2% in the third quarter. Park Avenue Securities LLC now owns 1,454,229 shares of the company’s stock valued at $77,845,000 after acquiring an additional 466,505 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in shares of iShares Flexible Income Active ETF by 757.8% in the second quarter. Sunbelt Securities Inc. now owns 5,147 shares of the company’s stock valued at $269,000 after acquiring an additional 4,547 shares in the last quarter. Shared Vision Wealth Group LLC bought a new position in shares of iShares Flexible Income Active ETF in the first quarter valued at approximately $1,981,000. Delta Financial Group Inc. boosted its holdings in shares of iShares Flexible Income Active ETF by 203.4% in the third quarter. Delta Financial Group Inc. now owns 27,009 shares of the company’s stock valued at $1,446,000 after acquiring an additional 18,107 shares in the last quarter. Finally, EverSource Wealth Advisors LLC acquired a new stake in iShares Flexible Income Active ETF during the first quarter valued at approximately $120,000.

iShares Flexible Income Active ETF Price Performance

BINC stock opened at $52.76 on Thursday. iShares Flexible Income Active ETF has a 12 month low of $49.77 and a 12 month high of $53.56. The firm has a 50 day simple moving average of $53.12 and a 200 day simple moving average of $52.57.

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.