iShares Flexible Income Active ETF $BINC Stock Holdings Raised by Eldridge Investment Advisors Inc.

Eldridge Investment Advisors Inc. raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 13.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 159,894 shares of the company’s stock after purchasing an additional 19,190 shares during the period. iShares Flexible Income Active ETF accounts for approximately 1.9% of Eldridge Investment Advisors Inc.’s holdings, making the stock its 17th biggest holding. Eldridge Investment Advisors Inc.’s holdings in iShares Flexible Income Active ETF were worth $8,438,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of iShares Flexible Income Active ETF by 9.3% in the 4th quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock worth $651,418,000 after purchasing an additional 1,048,214 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of 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 worth $362,437,000 after purchasing an additional 2,489,130 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Flexible Income Active ETF by 9.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,482,450 shares of the company’s stock worth $78,229,000 after purchasing an additional 133,224 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of 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 worth $52,934,000 after purchasing an additional 144,239 shares during the last quarter. Finally, United Capital Financial Advisors LLC increased its position in shares of iShares Flexible Income Active ETF by 13.0% in the 3rd quarter. United Capital Financial Advisors LLC now owns 937,094 shares of the company’s stock worth $49,891,000 after purchasing an additional 108,135 shares during the last quarter.

iShares Flexible Income Active ETF Price Performance

BINC opened at $51.96 on Tuesday. The company has a 50-day moving average of $52.19 and a 200-day moving average of $52.61. iShares Flexible Income Active ETF has a 1-year low of $51.60 and a 1-year high of $53.51.

iShares Flexible Income Active ETF Company 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. BINC was launched on May 19, 2023 and is managed by BlackRock.