iShares Flexible Income Active ETF $BINC Stake Cut by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV reduced its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 17.5% in the 2nd quarter, Holdings Channel reports. The fund owned 19,517 shares of the company’s stock after selling 4,143 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares Flexible Income Active ETF were worth $1,031,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in shares of iShares Flexible Income Active ETF by 5.1% during the 1st quarter. Bank of New York Mellon Corp now owns 1,059,299 shares of the company’s stock valued at $55,486,000 after acquiring an additional 51,480 shares during the last quarter. Duncan Williams Asset Management LLC bought a new stake in shares of iShares Flexible Income Active ETF in the 2nd quarter worth approximately $3,405,000. Parallel Advisors LLC grew its holdings in shares of iShares Flexible Income Active ETF by 4.1% during the 2nd quarter. Parallel Advisors LLC now owns 340,920 shares of the company’s stock worth $18,014,000 after purchasing an additional 13,508 shares in the last quarter. AdvisorNet Financial Inc grew its holdings in shares of iShares Flexible Income Active ETF by 5.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 4,831 shares of the company’s stock worth $255,000 after purchasing an additional 271 shares in the last quarter. Finally, ORG Partners LLC grew its holdings in shares of iShares Flexible Income Active ETF by 195.6% during the 2nd quarter. ORG Partners LLC now owns 5,377 shares of the company’s stock worth $283,000 after purchasing an additional 3,558 shares in the last quarter.

iShares Flexible Income Active ETF Stock Performance

iShares Flexible Income Active ETF stock opened at $53.26 on Friday. iShares Flexible Income Active ETF has a one year low of $50.84 and a one year high of $53.51. The business has a 50 day simple moving average of $53.20 and a 200 day simple moving average of $52.67.

iShares Flexible Income Active 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.