Tsfg LLC Increases Stake in iShares Flexible Income Active ETF $BINC

Tsfg LLC lifted its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 9.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 133,008 shares of the company’s stock after purchasing an additional 12,026 shares during the period. iShares Flexible Income Active ETF comprises about 1.1% of Tsfg LLC’s investment portfolio, making the stock its 28th biggest position. Tsfg LLC owned 0.05% of iShares Flexible Income Active ETF worth $7,081,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BINC. Trust Co. of Vermont purchased a new stake in iShares Flexible Income Active ETF during the third quarter valued at about $28,000. Golden State Wealth Management LLC boosted its holdings in iShares Flexible Income Active ETF by 12.3% during the 3rd quarter. Golden State Wealth Management LLC now owns 3,485 shares of the company’s stock valued at $186,000 after acquiring an additional 382 shares during the period. Gilliland Jeter Wealth Management LLC bought a new position in iShares Flexible Income Active ETF during the 2nd quarter worth approximately $206,000. Fiduciary Alliance LLC bought a new position in iShares Flexible Income Active ETF during the 3rd quarter worth approximately $285,000. Finally, Roxbury Financial LLC increased its stake in iShares Flexible Income Active ETF by 4.0% in the 3rd quarter. Roxbury Financial LLC now owns 5,915 shares of the company’s stock worth $315,000 after purchasing an additional 230 shares during the period.

iShares Flexible Income Active ETF Stock Performance

Shares of iShares Flexible Income Active ETF stock opened at $52.90 on Tuesday. The company’s 50 day moving average price is $52.95 and its 200-day moving average price is $53.02. iShares Flexible Income Active ETF has a 52-week low of $50.84 and a 52-week high of $53.51.

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