HCR Wealth Advisors Has $5.14 Million Stock Position in iShares Flexible Income Active ETF (NYSEARCA:BINC)

HCR Wealth Advisors grew its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 20.5% in the 4th quarter, HoldingsChannel reports. The fund owned 98,797 shares of the company’s stock after purchasing an additional 16,783 shares during the quarter. iShares Flexible Income Active ETF makes up 0.6% of HCR Wealth Advisors’ investment portfolio, making the stock its 22nd largest position. HCR Wealth Advisors’ holdings in iShares Flexible Income Active ETF were worth $5,139,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BINC. Ashton Thomas Private Wealth LLC acquired a new stake in iShares Flexible Income Active ETF in the 2nd quarter worth about $26,000. Gilliland Jeter Wealth Management LLC increased its holdings in shares of iShares Flexible Income Active ETF by 68.7% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 1,375 shares of the company’s stock worth $74,000 after purchasing an additional 560 shares during the period. ORG Partners LLC raised its position 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 valued at $84,000 after buying an additional 215 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in shares of iShares Flexible Income Active ETF by 352.9% in the third quarter. Hexagon Capital Partners LLC now owns 2,278 shares of the company’s stock valued at $122,000 after buying an additional 1,775 shares during the period. Finally, PSI Advisors LLC grew its position in iShares Flexible Income Active ETF by 283.0% during the fourth quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock worth $128,000 after buying an additional 1,814 shares in the last quarter.

iShares Flexible Income Active ETF Stock Up 0.4 %

Shares of NYSEARCA BINC opened at $52.12 on Thursday. The business has a fifty day moving average price of $52.43 and a two-hundred day moving average price of $52.72. iShares Flexible Income Active ETF has a fifty-two week low of $51.53 and a fifty-two week high of $53.56.

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.