Twin Peaks Wealth Advisors LLC Increases Stake in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Twin Peaks Wealth Advisors LLC grew its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 17.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,454 shares of the company’s stock after buying an additional 2,779 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $960,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BINC. JPMorgan Chase & Co. increased its position in shares of iShares Flexible Income Active ETF by 15.2% in the third quarter. JPMorgan Chase & Co. now owns 7,868,066 shares of the company’s stock valued at $421,178,000 after buying an additional 1,038,895 shares in the last quarter. Global Wealth Strategies & Associates increased its position in shares of iShares Flexible Income Active ETF by 18,380.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 138,607 shares of the company’s stock valued at $7,210,000 after buying an additional 137,857 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares Flexible Income Active ETF by 11.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,007,819 shares of the company’s stock valued at $52,427,000 after buying an additional 101,880 shares in the last quarter. Hanseatic Management Services Inc. purchased a new stake in shares of iShares Flexible Income Active ETF in the fourth quarter valued at approximately $4,591,000. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares Flexible Income Active ETF by 5.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,208,604 shares of the company’s stock valued at $62,872,000 after buying an additional 60,540 shares in the last quarter.

iShares Flexible Income Active ETF Stock Performance

iShares Flexible Income Active ETF stock opened at $52.70 on Tuesday. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.56. The business has a 50 day simple moving average of $52.25 and a 200-day simple moving average of $52.70.

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.