Delta Financial Group Inc. Has $1.45 Million Stock Holdings in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Delta Financial Group Inc. boosted its holdings in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 203.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 27,009 shares of the company’s stock after buying an additional 18,107 shares during the period. BlackRock Flexible Income ETF makes up approximately 0.5% of Delta Financial Group Inc.’s investment portfolio, making the stock its 28th largest position. Delta Financial Group Inc.’s holdings in BlackRock Flexible Income ETF were worth $1,446,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Austin Private Wealth LLC acquired a new position in shares of BlackRock Flexible Income ETF in the 1st quarter valued at about $5,127,000. Park Place Capital Corp grew its position in BlackRock Flexible Income ETF by 418.2% during the first quarter. Park Place Capital Corp now owns 5,415 shares of the company’s stock valued at $284,000 after purchasing an additional 4,370 shares in the last quarter. Shared Vision Wealth Group LLC acquired a new position in BlackRock Flexible Income ETF in the 1st quarter valued at approximately $1,981,000. Pettinga Financial Advisors LLC purchased a new stake in BlackRock Flexible Income ETF in the 1st quarter worth approximately $1,542,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in shares of BlackRock Flexible Income ETF during the 1st quarter valued at $120,000.

BlackRock Flexible Income ETF Stock Performance

BlackRock Flexible Income ETF stock opened at $53.09 on Friday. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $53.56. The company’s fifty day simple moving average is $53.09 and its 200-day simple moving average is $52.48.

About BlackRock Flexible Income 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.