Sunbelt Securities Inc. increased its holdings in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) by 757.8% in the second quarter, Holdings Channel reports. The firm owned 5,147 shares of the company’s stock after acquiring an additional 4,547 shares during the period. Sunbelt Securities Inc.’s holdings in BlackRock Flexible Income ETF were worth $269,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in BlackRock Flexible Income ETF by 80.0% in the 2nd quarter. NewEdge Advisors LLC now owns 317,381 shares of the company’s stock worth $16,567,000 after acquiring an additional 141,013 shares during the period. Ascent Group LLC lifted its position in shares of BlackRock Flexible Income ETF by 55.9% during the second quarter. Ascent Group LLC now owns 59,132 shares of the company’s stock worth $3,087,000 after purchasing an additional 21,192 shares in the last quarter. Mcmorgan & Co. LLC purchased a new position in shares of BlackRock Flexible Income ETF in the second quarter valued at $13,487,000. Drucker Wealth 3.0 LLC acquired a new stake in BlackRock Flexible Income ETF during the 2nd quarter valued at $427,000. Finally, Royal Capital Wealth Management LLC increased its stake in BlackRock Flexible Income ETF by 29.1% during the 2nd quarter. Royal Capital Wealth Management LLC now owns 33,569 shares of the company’s stock worth $1,752,000 after buying an additional 7,576 shares during the period.
BlackRock Flexible Income ETF Trading Down 0.1 %
Shares of BINC stock opened at $53.17 on Thursday. The company’s fifty day moving average price is $53.08 and its two-hundred day moving average price is $52.48. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $53.56.
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.
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