Private Trust Co. NA Buys 2,228 Shares of iShares Flexible Income Active ETF (NYSEARCA:BINC)

Private Trust Co. NA boosted its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 15.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,250 shares of the company’s stock after purchasing an additional 2,228 shares during the quarter. Private Trust Co. NA’s holdings in iShares Flexible Income Active ETF were worth $845,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. ORG Partners LLC increased its holdings in shares of iShares Flexible Income Active ETF by 15.3% in the fourth quarter. ORG Partners LLC now owns 1,617 shares of the company’s stock worth $84,000 after acquiring an additional 215 shares in the last quarter. PSI Advisors LLC increased its holdings in shares of iShares Flexible Income Active ETF by 283.0% in the fourth quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock worth $128,000 after acquiring an additional 1,814 shares in the last quarter. Continuum Advisory LLC increased its holdings in shares of iShares Flexible Income Active ETF by 45.6% in the third quarter. Continuum Advisory LLC now owns 2,499 shares of the company’s stock worth $131,000 after acquiring an additional 783 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of iShares Flexible Income Active ETF by 95.6% in the third quarter. Lindbrook Capital LLC now owns 3,950 shares of the company’s stock worth $211,000 after acquiring an additional 1,931 shares in the last quarter. Finally, Harbor Investment Advisory LLC increased its holdings in shares of iShares Flexible Income Active ETF by 152.7% in the fourth quarter. Harbor Investment Advisory LLC now owns 4,964 shares of the company’s stock worth $258,000 after acquiring an additional 3,000 shares in the last quarter.

iShares Flexible Income Active ETF Stock Performance

Shares of iShares Flexible Income Active ETF stock opened at $52.82 on Friday. iShares Flexible Income Active ETF has a 1 year low of $51.53 and a 1 year high of $53.57. The business has a 50-day moving average of $52.30 and a two-hundred day moving average of $52.70.

iShares Flexible Income Active ETF 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.