First National Bank & Trust Co. of Newtown Has $7.79 Million Stake in iShares Flexible Income Active ETF $BINC

First National Bank & Trust Co. of Newtown boosted its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 72.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,080 shares of the company’s stock after buying an additional 62,820 shares during the period. iShares Flexible Income Active ETF makes up 1.7% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 10th biggest holding. First National Bank & Trust Co. of Newtown’s holdings in iShares Flexible Income Active ETF were worth $7,794,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BINC. Ameriprise Financial Inc. boosted its holdings in shares of iShares Flexible Income Active ETF by 57.6% in the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock worth $362,437,000 after acquiring an additional 2,489,130 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Flexible Income Active ETF by 9.3% during the 4th quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock worth $651,418,000 after purchasing an additional 1,048,214 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in iShares Flexible Income Active ETF by 17.0% during the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock worth $52,934,000 after purchasing an additional 144,239 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in iShares Flexible Income Active ETF by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock worth $16,978,000 after purchasing an additional 136,183 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in iShares Flexible Income Active ETF by 9.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,482,450 shares of the company’s stock worth $78,229,000 after purchasing an additional 133,224 shares during the period.

iShares Flexible Income Active ETF Stock Up 0.0%

BINC stock opened at $52.11 on Friday. The stock has a 50-day simple moving average of $52.21 and a two-hundred day simple moving average of $52.49. iShares Flexible Income Active ETF has a twelve month low of $51.60 and a twelve month 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.