Masso Torrence Wealth Management Inc. Purchases New Shares in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Masso Torrence Wealth Management Inc. acquired a new position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 52,347 shares of the company’s stock, valued at approximately $2,736,000. BlackRock Flexible Income ETF comprises about 1.9% of Masso Torrence Wealth Management Inc.’s portfolio, making the stock its 17th biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. Emory University purchased a new stake in shares of BlackRock Flexible Income ETF during the fourth quarter valued at approximately $15,235,000. J.W. Cole Advisors Inc. purchased a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter valued at $468,000. Allen Capital Group LLC purchased a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter valued at $213,000. Priebe Wealth Holdings LLC bought a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth $8,324,000. Finally, Stratos Wealth Advisors LLC purchased a new position in shares of BlackRock Flexible Income ETF in the 4th quarter worth about $2,379,000.

BlackRock Flexible Income ETF Price Performance

NYSEARCA BINC traded down $0.12 during trading on Wednesday, hitting $51.83. 75,751 shares of the company’s stock traded hands, compared to its average volume of 760,601. BlackRock Flexible Income ETF has a 12-month low of $49.54 and a 12-month high of $52.62. The business has a 50 day moving average of $52.16 and a 200-day moving average of $51.62.

BlackRock Flexible Income ETF Company 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.