Tsfg LLC Has $7.78 Million Stock Position in iShares Flexible Income Active ETF $BINC

Tsfg LLC increased its position in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 10.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,465 shares of the company’s stock after purchasing an additional 14,457 shares during the quarter. iShares Flexible Income Active ETF makes up approximately 1.2% of Tsfg LLC’s holdings, making the stock its 27th biggest holding. Tsfg LLC’s holdings in iShares Flexible Income Active ETF were worth $7,782,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BINC. Ameriprise Financial Inc. increased its position in iShares Flexible Income Active ETF by 57.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock valued at $362,437,000 after acquiring an additional 2,489,130 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Flexible Income Active ETF by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,296,259 shares of the company’s stock worth $601,413,000 after buying an additional 490,193 shares in the last quarter. Parallel Advisors LLC boosted its position in iShares Flexible Income Active ETF by 50.0% in the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after buying an additional 170,583 shares during the last quarter. NewEdge Advisors LLC boosted its position in iShares Flexible Income Active ETF by 17.0% in the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock valued at $52,934,000 after buying an additional 144,239 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its position in iShares Flexible Income Active ETF by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock valued at $16,978,000 after buying an additional 136,183 shares during the last quarter.

iShares Flexible Income Active ETF Trading Down 0.1%

Shares of BINC opened at $52.31 on Tuesday. The business’s fifty day moving average price is $52.25 and its two-hundred day moving average price is $52.76. iShares Flexible Income Active ETF has a 52 week low of $51.60 and a 52 week high of $53.51.

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. BINC was launched on May 19, 2023 and is managed by BlackRock.