BlackRock Flexible Income ETF (NYSEARCA:BINC) Reaches New 52-Week High at $53.56

BlackRock Flexible Income ETF (NYSEARCA:BINCGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $53.56 and last traded at $53.55, with a volume of 89204 shares traded. The stock had previously closed at $53.55.

BlackRock Flexible Income ETF Price Performance

The company’s 50-day moving average price is $53.04 and its 200 day moving average price is $52.45.

Institutional Trading of BlackRock Flexible Income ETF

Large investors have recently bought and sold shares of the company. Sanctuary Advisors LLC purchased a new position in BlackRock Flexible Income ETF during the second quarter valued at $26,920,000. Kestra Investment Management LLC purchased a new stake in shares of BlackRock Flexible Income ETF in the 2nd quarter worth approximately $31,925,000. LHM Inc. increased its position in BlackRock Flexible Income ETF by 777.3% during the 2nd quarter. LHM Inc. now owns 757,809 shares of the company’s stock valued at $39,558,000 after buying an additional 671,432 shares in the last quarter. Truist Financial Corp raised its stake in BlackRock Flexible Income ETF by 41.0% during the second quarter. Truist Financial Corp now owns 161,115 shares of the company’s stock valued at $8,410,000 after buying an additional 46,874 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its stake in BlackRock Flexible Income ETF by 1,369.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 81,072 shares of the company’s stock valued at $4,232,000 after buying an additional 75,554 shares during the last quarter.

About BlackRock Flexible Income ETF

(Get Free Report)

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.

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