Magnus Financial Group LLC Takes $230,000 Position in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Magnus Financial Group LLC purchased a new stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,397 shares of the company’s stock, valued at approximately $230,000. Magnus Financial Group LLC owned 0.17% of BlackRock Flexible Income ETF at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Wharton Business Group LLC acquired a new position in shares of BlackRock Flexible Income ETF in the third quarter worth $29,954,000. Emory University bought a new stake in shares of BlackRock Flexible Income ETF in the 4th quarter valued at approximately $15,235,000. Priebe Wealth Holdings LLC acquired a new stake in BlackRock Flexible Income ETF in the fourth quarter valued at approximately $8,324,000. Secure Asset Management LLC acquired a new position in shares of BlackRock Flexible Income ETF during the 4th quarter worth $3,614,000. Finally, Masso Torrence Wealth Management Inc. bought a new position in shares of BlackRock Flexible Income ETF during the 4th quarter valued at $2,736,000.

BlackRock Flexible Income ETF Stock Performance

BINC opened at $51.91 on Tuesday. BlackRock Flexible Income ETF has a twelve month low of $49.54 and a twelve month high of $52.62. The business has a 50 day moving average price of $52.13 and a 200 day moving average price of $51.67.

About BlackRock Flexible Income 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.