Simplicity Wealth LLC Has $2.62 Million Holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Simplicity Wealth LLC increased its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 43.8% in the third quarter, HoldingsChannel reports. The firm owned 48,864 shares of the company’s stock after acquiring an additional 14,889 shares during the period. Simplicity Wealth LLC’s holdings in iShares Flexible Income Active ETF were worth $2,616,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hexagon Capital Partners LLC purchased a new position in iShares Flexible Income Active ETF during the second quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares Flexible Income Active ETF during the second quarter worth $26,000. Retirement Group LLC grew its stake in iShares Flexible Income Active ETF by 927.3% in 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 in the last quarter. Sunbelt Securities Inc. acquired a new position in iShares Flexible Income Active ETF in the 1st quarter worth about $31,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of iShares Flexible Income Active ETF during the 1st quarter worth about $33,000.

iShares Flexible Income Active ETF Trading Up 0.1 %

Shares of iShares Flexible Income Active ETF stock opened at $52.90 on Friday. The stock has a 50-day simple moving average of $53.11 and a 200-day simple moving average of $52.50. iShares Flexible Income Active ETF has a 52-week low of $49.54 and a 52-week high of $53.56.

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.