First Horizon Advisors Inc. Has $1.84 Million Stake in iShares Flexible Income Active ETF (NYSEARCA:BINC)

First Horizon Advisors Inc. trimmed its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 6.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,421 shares of the company’s stock after selling 2,612 shares during the period. First Horizon Advisors Inc. owned approximately 0.06% of iShares Flexible Income Active ETF worth $1,843,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. ORG Partners LLC lifted its stake in iShares Flexible Income Active ETF by 15.3% in the 4th quarter. ORG Partners LLC now owns 1,617 shares of the company’s stock valued at $84,000 after acquiring an additional 215 shares in the last quarter. Continuum Advisory LLC raised its holdings in shares of iShares Flexible Income Active ETF by 45.6% in the third quarter. Continuum Advisory LLC now owns 2,499 shares of the company’s stock valued at $131,000 after purchasing an additional 783 shares during the last quarter. PSI Advisors LLC lifted its position in shares of iShares Flexible Income Active ETF by 283.0% in the fourth quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock worth $128,000 after purchasing an additional 1,814 shares in the last quarter. Lindbrook Capital LLC lifted its position in shares of iShares Flexible Income Active ETF by 95.6% in the third quarter. Lindbrook Capital LLC now owns 3,950 shares of the company’s stock worth $211,000 after purchasing an additional 1,931 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in shares of iShares Flexible Income Active ETF by 49.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 7,689 shares of the company’s stock worth $412,000 after buying an additional 2,542 shares during the last quarter.

iShares Flexible Income Active ETF Stock Up 0.1 %

Shares of NYSEARCA BINC opened at $52.59 on Monday. iShares Flexible Income Active ETF has a fifty-two week low of $51.53 and a fifty-two week high of $53.56. The business has a fifty day moving average price of $52.25 and a two-hundred day moving average price of $52.70.

About iShares Flexible Income Active ETF

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.