Tsfg LLC Sells 59,403 Shares of iShares Flexible Income Active ETF $BINC

Tsfg LLC lessened its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 39.8% in the second quarter, Holdings Channel.com reports. The firm owned 89,668 shares of the company’s stock after selling 59,403 shares during the quarter. Tsfg LLC’s holdings in iShares Flexible Income Active ETF were worth $4,693,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Cedar Mountain Advisors LLC boosted its stake in shares of iShares Flexible Income Active ETF by 0.3% during the first quarter. Cedar Mountain Advisors LLC now owns 126,378 shares of the company’s stock valued at $6,563,000 after purchasing an additional 320 shares in the last quarter. Fiduciary Alliance LLC increased its stake in shares of iShares Flexible Income Active ETF by 4.1% in the first quarter. Fiduciary Alliance LLC now owns 8,171 shares of the company’s stock valued at $428,000 after buying an additional 321 shares during the period. Western Wealth Management LLC increased its stake in shares of iShares Flexible Income Active ETF by 2.0% in the fourth quarter. Western Wealth Management LLC now owns 20,210 shares of the company’s stock valued at $1,066,000 after buying an additional 401 shares during the period. Elyxium Wealth LLC bought a new position in iShares Flexible Income Active ETF in the 4th quarter valued at approximately $25,000. Finally, Golden State Wealth Management LLC raised its holdings in iShares Flexible Income Active ETF by 15.8% in the 4th quarter. Golden State Wealth Management LLC now owns 4,034 shares of the company’s stock valued at $213,000 after buying an additional 549 shares during the last quarter.

iShares Flexible Income Active ETF Trading Down 0.8%

NYSEARCA:BINC opened at $51.56 on Wednesday. iShares Flexible Income Active ETF has a one year low of $51.54 and a one year high of $53.51. The firm’s 50 day simple moving average is $52.06 and its 200 day simple moving average is $52.24.

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.