Farther Finance Advisors LLC Buys 45,285 Shares of iShares Flexible Income Active ETF (NYSEARCA:BINC)

Farther Finance Advisors LLC boosted its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 76.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,141 shares of the company’s stock after acquiring an additional 45,285 shares during the quarter. Farther Finance Advisors LLC owned 0.18% of iShares Flexible Income Active ETF worth $5,575,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Private Advisor Group LLC increased its stake in iShares Flexible Income Active ETF by 24.8% in the 1st quarter. Private Advisor Group LLC now owns 97,461 shares of the company’s stock valued at $5,113,000 after buying an additional 19,362 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in iShares Flexible Income Active ETF in the 1st quarter valued at $506,000. Janney Montgomery Scott LLC acquired a new stake in iShares Flexible Income Active ETF in the 1st quarter valued at $36,579,000. Lincoln National Corp increased its stake in iShares Flexible Income Active ETF by 532.6% in the 1st quarter. Lincoln National Corp now owns 61,463 shares of the company’s stock valued at $3,224,000 after buying an additional 51,747 shares during the last quarter. Finally, FinTrust Capital Advisors LLC acquired a new stake in iShares Flexible Income Active ETF in the 1st quarter valued at $145,000.

iShares Flexible Income Active ETF Stock Performance

iShares Flexible Income Active ETF stock opened at $52.42 on Friday. The company’s 50-day moving average is $53.10 and its 200-day moving average is $52.57. iShares Flexible Income Active ETF has a fifty-two week low of $50.17 and a fifty-two week high of $53.56.

iShares Flexible Income Active ETF 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.