Rollins Financial Advisors LLC Acquires 19,347 Shares of iShares Flexible Income Active ETF $BINC

Rollins Financial Advisors LLC raised its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 23.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 103,578 shares of the company’s stock after purchasing an additional 19,347 shares during the period. iShares Flexible Income Active ETF makes up 0.8% of Rollins Financial Advisors LLC’s portfolio, making the stock its 27th biggest position. Rollins Financial Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $5,466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BINC. Ameriprise Financial Inc. increased its holdings in iShares Flexible Income Active ETF by 57.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock valued at $362,437,000 after buying an additional 2,489,130 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Flexible Income Active ETF by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,296,259 shares of the company’s stock valued at $601,413,000 after buying an additional 490,193 shares during the period. Parallel Advisors LLC increased its holdings in iShares Flexible Income Active ETF by 50.0% in the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after buying an additional 170,583 shares during the period. NewEdge Advisors LLC increased its holdings in iShares Flexible Income Active ETF by 17.0% in the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock valued at $52,934,000 after buying an additional 144,239 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in iShares Flexible Income Active ETF by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock valued at $16,978,000 after buying an additional 136,183 shares during the period.

iShares Flexible Income Active ETF Price Performance

Shares of iShares Flexible Income Active ETF stock opened at $52.24 on Wednesday. The company’s fifty day moving average price is $52.23 and its two-hundred day moving average price is $52.75. iShares Flexible Income Active ETF has a 52-week low of $51.60 and a 52-week high of $53.51.

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. BINC was launched on May 19, 2023 and is managed by BlackRock.