iShares Flexible Income Active ETF (NYSEARCA:BINC – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday. The company traded as low as $51.11 and last traded at $51.1150, with a volume of 1627229 shares traded. The stock had previously closed at $51.40.
iShares Flexible Income Active ETF Stock Performance
The business’s 50 day simple moving average is $51.78 and its two-hundred day simple moving average is $52.04.
Institutional Trading of iShares Flexible Income Active ETF
A number of hedge funds have recently bought and sold shares of BINC. Strive Financial Group LLC purchased a new position in iShares Flexible Income Active ETF in the second quarter worth about $33,000. Curio Wealth LLC increased its position in shares of iShares Flexible Income Active ETF by 577.0% during the 4th quarter. Curio Wealth LLC now owns 677 shares of the company’s stock valued at $36,000 after purchasing an additional 577 shares during the last quarter. XP Advisory US Inc. purchased a new stake in shares of iShares Flexible Income Active ETF during the 2nd quarter valued at about $36,000. Bartlett & CO. Wealth Management LLC bought a new position in shares of iShares Flexible Income Active ETF in the 1st quarter worth approximately $43,000. Finally, Anchor Investment Management LLC bought a new position in shares of iShares Flexible Income Active ETF in the 1st quarter worth approximately $52,000.
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.
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