Austin Private Wealth LLC boosted its position in BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) by 3.6% during the 2nd quarter, Holdings Channel reports. The fund owned 101,942 shares of the company’s stock after acquiring an additional 3,579 shares during the quarter. Austin Private Wealth LLC’s holdings in BlackRock Flexible Income ETF were worth $5,321,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. YHB Investment Advisors Inc. acquired a new stake in BlackRock Flexible Income ETF during the first quarter worth approximately $25,000. Hexagon Capital Partners LLC acquired a new stake in BlackRock Flexible Income ETF during the second quarter worth approximately $26,000. Retirement Group LLC raised its holdings in BlackRock Flexible Income ETF by 927.3% during the first quarter. Retirement Group LLC now owns 565 shares of the company’s stock worth $30,000 after purchasing an additional 510 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in BlackRock Flexible Income ETF during the first quarter worth approximately $31,000. Finally, Eagle Bay Advisors LLC purchased a new position in shares of BlackRock Flexible Income ETF during the first quarter worth approximately $33,000.
BlackRock Flexible Income ETF Stock Performance
Shares of BINC traded up $0.10 during mid-day trading on Friday, reaching $52.71. 572,344 shares of the company’s stock were exchanged, compared to its average volume of 617,756. The business’s fifty day simple moving average is $52.36 and its 200-day simple moving average is $52.22. BlackRock Flexible Income ETF has a 52-week low of $49.54 and a 52-week high of $52.87.
BlackRock Flexible Income 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.
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Want to see what other hedge funds are holding BINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report).
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