Rollins Financial Advisors LLC Acquires 10,865 Shares of iShares Flexible Income Active ETF $BINC

Rollins Financial Advisors LLC boosted its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 14.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 84,231 shares of the company’s stock after acquiring an additional 10,865 shares during the period. iShares Flexible Income Active ETF comprises approximately 0.7% of Rollins Financial Advisors LLC’s holdings, making the stock its 29th largest position. Rollins Financial Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $4,484,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Trust Co. of Vermont bought a new stake in shares of iShares Flexible Income Active ETF during the third quarter worth about $28,000. Bessemer Group Inc. acquired a new position in iShares Flexible Income Active ETF during the 3rd quarter valued at about $53,000. Golden State Wealth Management LLC boosted its stake 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 purchasing an additional 382 shares during the last quarter. Colonial Trust Co SC increased its holdings in iShares Flexible Income Active ETF by 12.4% during the 3rd quarter. Colonial Trust Co SC now owns 4,098 shares of the company’s stock worth $218,000 after purchasing an additional 452 shares in the last quarter. Finally, Gilliland Jeter Wealth Management LLC raised its stake in shares of iShares Flexible Income Active ETF by 26.2% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 4,921 shares of the company’s stock worth $262,000 after purchasing an additional 1,021 shares during the last quarter.

iShares Flexible Income Active ETF Stock Performance

BINC stock opened at $53.23 on Wednesday. iShares Flexible Income Active ETF has a twelve month low of $50.84 and a twelve month high of $53.51. The stock’s 50 day moving average is $52.96 and its 200-day moving average is $53.06.

iShares Flexible Income Active 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. BINC was launched on May 19, 2023 and is managed by BlackRock.