iShares Flexible Income Active ETF $BINC Shares Purchased by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC boosted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 233,129 shares of the company’s stock after buying an additional 23,959 shares during the quarter. Icon Wealth Advisors LLC owned 0.08% of iShares Flexible Income Active ETF worth $12,302,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of BINC. Ameriprise Financial Inc. boosted its stake in iShares Flexible Income Active ETF by 57.6% during the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock worth $362,437,000 after buying an additional 2,489,130 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Flexible Income Active ETF by 9.3% during the fourth quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock worth $651,418,000 after buying an additional 1,048,214 shares during the period. Parallel Advisors LLC boosted its stake in iShares Flexible Income Active ETF by 50.0% during the third quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock worth $27,232,000 after buying an additional 170,583 shares during the period. NewEdge Advisors LLC boosted its stake in iShares Flexible Income Active ETF by 17.0% during the third quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock worth $52,934,000 after buying an additional 144,239 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in iShares Flexible Income Active ETF by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock worth $16,978,000 after buying an additional 136,183 shares during the period.

iShares Flexible Income Active ETF Stock Up 0.1%

Shares of BINC stock opened at $52.23 on Friday. The company has a 50-day moving average of $52.21 and a two-hundred day moving average of $52.59. iShares Flexible Income Active ETF has a 1-year low of $51.60 and a 1-year 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.