Ascentis Independent Advisors Invests $1.34 Million in iShares Flexible Income Active ETF $BINC

Ascentis Independent Advisors acquired a new position in iShares Flexible Income Active ETF (NYSEARCA:BINC) during the first quarter, Holdings Channel reports. The firm acquired 25,899 shares of the company’s stock, valued at approximately $1,345,000.

Other large investors have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new stake in iShares Flexible Income Active ETF during the fourth quarter valued at about $25,000. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Flexible Income Active ETF during the fourth quarter valued at approximately $30,000. Canton Hathaway LLC acquired a new stake in shares of iShares Flexible Income Active ETF during the fourth quarter valued at approximately $32,000. Curio Wealth LLC lifted its position in shares of iShares Flexible Income Active ETF by 577.0% in the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock valued at $36,000 after acquiring an additional 577 shares in the last quarter. Finally, Proathlete Wealth Management LLC purchased a new stake in shares of iShares Flexible Income Active ETF in the 4th quarter valued at approximately $40,000.

iShares Flexible Income Active ETF Stock Down 0.1%

iShares Flexible Income Active ETF stock opened at $52.20 on Wednesday. The company has a 50 day moving average price of $52.22 and a 200 day moving average price of $52.50. iShares Flexible Income Active ETF has a 52 week low of $51.60 and a 52 week high of $53.51.

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. BINC was launched on May 19, 2023 and is managed by BlackRock.