Claris Financial LLC Buys New Shares in iShares Flexible Income Active ETF $BINC

Claris Financial LLC purchased a new stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) in the fourth quarter, HoldingsChannel reports. The fund purchased 11,385 shares of the company’s stock, valued at approximately $601,000.

A number of other hedge funds have also recently bought and sold shares of BINC. Janney Montgomery Scott LLC lifted its stake in shares of iShares Flexible Income Active ETF by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,579,659 shares of the company’s stock valued at $83,359,000 after buying an additional 65,625 shares during the period. Rollins Financial Advisors LLC increased its stake in iShares Flexible Income Active ETF by 23.0% during the fourth quarter. Rollins Financial Advisors LLC now owns 103,578 shares of the company’s stock valued at $5,466,000 after acquiring an additional 19,347 shares during the period. Farther Finance Advisors LLC increased its stake in iShares Flexible Income Active ETF by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock valued at $16,978,000 after acquiring an additional 136,183 shares during the period. Nations Financial Group Inc. IA ADV acquired a new position in iShares Flexible Income Active ETF in the 4th quarter valued at approximately $569,000. Finally, Synergy Investment Management LLC acquired a new position in iShares Flexible Income Active ETF in the 3rd quarter valued at approximately $4,574,000.

iShares Flexible Income Active ETF Trading Up 0.0%

Shares of BINC stock opened at $52.29 on Friday. The stock has a 50 day moving average of $52.25 and a two-hundred day moving average of $52.56. iShares Flexible Income Active ETF has a 12 month low of $51.60 and a 12 month 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.