Bay Harbor Wealth Management LLC Has $4.07 Million Stock Position in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Bay Harbor Wealth Management LLC raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 3.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 78,136 shares of the company’s stock after acquiring an additional 2,687 shares during the period. iShares Flexible Income Active ETF comprises about 1.3% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Bay Harbor Wealth Management LLC’s holdings in iShares Flexible Income Active ETF were worth $4,065,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares Flexible Income Active ETF by 68.7% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 1,375 shares of the company’s stock valued at $74,000 after purchasing an additional 560 shares during the last quarter. ORG Partners LLC boosted its position in iShares Flexible Income Active ETF by 15.3% during the fourth quarter. ORG Partners LLC now owns 1,617 shares of the company’s stock valued at $84,000 after acquiring an additional 215 shares during the last quarter. Hexagon Capital Partners LLC grew its holdings in iShares Flexible Income Active ETF by 352.9% during the 3rd quarter. Hexagon Capital Partners LLC now owns 2,278 shares of the company’s stock worth $122,000 after acquiring an additional 1,775 shares during the period. PSI Advisors LLC lifted its stake in shares of iShares Flexible Income Active ETF by 283.0% in the 4th quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock valued at $128,000 after purchasing an additional 1,814 shares during the period. Finally, Continuum Advisory LLC grew its stake in iShares Flexible Income Active ETF by 45.6% during the third quarter. Continuum Advisory LLC now owns 2,499 shares of the company’s stock worth $131,000 after purchasing an additional 783 shares during the period.

iShares Flexible Income Active ETF Stock Performance

NYSEARCA:BINC opened at $52.25 on Tuesday. The firm has a fifty day simple moving average of $52.37 and a two-hundred day simple moving average of $52.72. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.56.

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.