Wells Financial Advisors INC Has $1.10 Million Holdings in iShares Flexible Income Active ETF $BINC

Wells Financial Advisors INC cut its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 16.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 20,830 shares of the company’s stock after selling 4,158 shares during the quarter. iShares Flexible Income Active ETF accounts for about 1.5% of Wells Financial Advisors INC’s portfolio, making the stock its 19th largest position. Wells Financial Advisors INC’s holdings in iShares Flexible Income Active ETF were worth $1,101,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in shares of iShares Flexible Income Active ETF by 5.1% during the first quarter. Bank of New York Mellon Corp now owns 1,059,299 shares of the company’s stock worth $55,486,000 after buying an additional 51,480 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of iShares Flexible Income Active ETF by 4.1% during the second quarter. Parallel Advisors LLC now owns 340,920 shares of the company’s stock worth $18,014,000 after buying an additional 13,508 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in shares of iShares Flexible Income Active ETF by 5.9% during the second quarter. AdvisorNet Financial Inc now owns 4,831 shares of the company’s stock worth $255,000 after buying an additional 271 shares in the last quarter. ORG Partners LLC increased its holdings in shares of iShares Flexible Income Active ETF by 195.6% during the second quarter. ORG Partners LLC now owns 5,377 shares of the company’s stock worth $283,000 after buying an additional 3,558 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of iShares Flexible Income Active ETF by 7.8% during the first quarter. Janney Montgomery Scott LLC now owns 1,302,783 shares of the company’s stock worth $68,240,000 after buying an additional 94,179 shares in the last quarter.

iShares Flexible Income Active ETF Trading Down 0.2%

Shares of NYSEARCA:BINC opened at $52.90 on Monday. The company has a fifty day moving average of $53.07 and a 200-day moving average of $52.51. iShares Flexible Income Active ETF has a 52-week low of $50.84 and a 52-week high of $53.48.

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.