Eagle Bay Advisors LLC Invests $33,000 in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Eagle Bay Advisors LLC bought a new position in BlackRock Flexible Income ETF (NYSEARCA:BINC) during the 1st quarter, HoldingsChannel reports. The fund bought 629 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. YHB Investment Advisors Inc. bought a new position in BlackRock Flexible Income ETF during the first quarter valued at approximately $25,000. Retirement Group LLC lifted its position in BlackRock Flexible Income ETF by 927.3% during the first quarter. Retirement Group LLC now owns 565 shares of the company’s stock valued at $30,000 after purchasing an additional 510 shares during the period. Sunbelt Securities Inc. bought a new position in BlackRock Flexible Income ETF during the first quarter valued at approximately $31,000. Global Wealth Strategies & Associates bought a new position in BlackRock Flexible Income ETF during the first quarter valued at approximately $39,000. Finally, Park Place Capital Corp bought a new position in BlackRock Flexible Income ETF during the fourth quarter valued at approximately $55,000.

BlackRock Flexible Income ETF Stock Down 0.1 %

BlackRock Flexible Income ETF stock traded down $0.04 during midday trading on Thursday, reaching $52.59. 153,683 shares of the company traded hands, compared to its average volume of 630,713. The business has a 50 day moving average of $52.21 and a two-hundred day moving average of $52.16. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $52.63.

BlackRock Flexible Income 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.