Global Wealth Strategies & Associates Buys 19,831 Shares of iShares Flexible Income Active ETF $BINC

Global Wealth Strategies & Associates grew its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 8.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 267,361 shares of the company’s stock after purchasing an additional 19,831 shares during the period. iShares Flexible Income Active ETF makes up approximately 2.7% of Global Wealth Strategies & Associates’ holdings, making the stock its 10th largest holding. Global Wealth Strategies & Associates’ holdings in iShares Flexible Income Active ETF were worth $13,994,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Elyxium Wealth LLC bought a new position in shares of iShares Flexible Income Active ETF during the 4th quarter worth approximately $25,000. Eagle Bay Advisors LLC bought a new stake in iShares Flexible Income Active ETF in the fourth quarter valued at $30,000. Canton Hathaway LLC bought a new stake in iShares Flexible Income Active ETF in the fourth quarter valued at $32,000. Curio Wealth LLC raised its stake in iShares Flexible Income Active ETF by 577.0% during the fourth quarter. Curio Wealth LLC now owns 677 shares of the company’s stock worth $36,000 after acquiring an additional 577 shares in the last quarter. Finally, Proathlete Wealth Management LLC acquired a new position in iShares Flexible Income Active ETF during the fourth quarter worth $40,000.

iShares Flexible Income Active ETF Price Performance

Shares of NYSEARCA BINC opened at $51.99 on Monday. The business has a fifty day moving average of $52.15 and a two-hundred day moving average of $52.40. iShares Flexible Income Active ETF has a 52-week low of $51.60 and a 52-week high of $53.51.

About iShares Flexible Income Active ETF

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.