Semmax Financial Advisors Inc. increased its position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) by 973.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 2,265 shares of the company’s stock after purchasing an additional 2,054 shares during the period. Semmax Financial Advisors Inc.’s holdings in BlackRock Flexible Income ETF were worth $118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. YHB Investment Advisors Inc. bought a new position in shares of BlackRock Flexible Income ETF during the first quarter valued at approximately $25,000. Retirement Group LLC increased its position in BlackRock Flexible Income ETF by 927.3% in the first quarter. Retirement Group LLC now owns 565 shares of the company’s stock worth $30,000 after buying an additional 510 shares during the period. Sunbelt Securities Inc. acquired a new stake in BlackRock Flexible Income ETF in the first quarter worth $31,000. Eagle Bay Advisors LLC bought a new stake in BlackRock Flexible Income ETF in the first quarter valued at $33,000. Finally, Global Wealth Strategies & Associates acquired a new position in shares of BlackRock Flexible Income ETF during the first quarter valued at $39,000.
BlackRock Flexible Income ETF Stock Down 0.4 %
Shares of BINC stock traded down $0.20 during trading hours on Thursday, reaching $52.67. The stock had a trading volume of 558,590 shares, compared to its average volume of 616,850. The firm has a 50-day simple moving average of $52.29 and a 200-day simple moving average of $52.20. BlackRock Flexible Income ETF has a twelve month low of $49.54 and a twelve month 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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