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

First National Bank & Trust Co. of Newtown raised its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 72.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 150,080 shares of the company’s stock after acquiring an additional 62,820 shares during the period. iShares Flexible Income Active ETF makes up about 1.7% of First National Bank & Trust Co. of Newtown’s investment portfolio, making the stock its 10th largest position. 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 filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of iShares Flexible Income Active ETF by 4.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,579,659 shares of the company’s stock valued at $83,359,000 after acquiring an additional 65,625 shares during the last quarter. Rollins Financial Advisors LLC increased its position in shares of iShares Flexible Income Active ETF by 23.0% in the fourth quarter. Rollins Financial Advisors LLC now owns 103,578 shares of the company’s stock worth $5,466,000 after purchasing an additional 19,347 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of iShares Flexible Income Active ETF by 73.4% in the fourth 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 last quarter. Nations Financial Group Inc. IA ADV purchased a new stake in iShares Flexible Income Active ETF in the fourth quarter valued at approximately $569,000. Finally, Tsfg LLC raised its stake in iShares Flexible Income Active ETF by 10.9% in the fourth quarter. Tsfg LLC now owns 147,465 shares of the company’s stock valued at $7,782,000 after purchasing an additional 14,457 shares in the last quarter.

iShares Flexible Income Active ETF Price Performance

Shares of NYSEARCA:BINC opened at $52.11 on Friday. The company’s fifty day moving average price is $52.21 and its 200-day moving average price is $52.49. iShares Flexible Income Active ETF has a one year low of $51.60 and a one year high of $53.51.

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.