Sterling Investment Advisors Ltd. Invests $4.90 Million in iShares Flexible Income Active ETF $BINC

Sterling Investment Advisors Ltd. purchased a new position in iShares Flexible Income Active ETF (NYSEARCA:BINC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 92,800 shares of the company’s stock, valued at approximately $4,897,000. iShares Flexible Income Active ETF makes up 0.8% of Sterling Investment Advisors Ltd.’s investment portfolio, making the stock its 29th biggest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC grew its stake 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 in the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of iShares Flexible Income Active ETF in the fourth quarter worth $569,000. Vantage Financial Partners LLC grew its stake in shares of iShares Flexible Income Active ETF by 8.3% in the third quarter. Vantage Financial Partners LLC now owns 410,549 shares of the company’s stock worth $21,858,000 after purchasing an additional 31,383 shares in the last quarter. Synergy Investment Management LLC bought a new position in iShares Flexible Income Active ETF during the third quarter valued at about $4,574,000. Finally, Rollins Financial Advisors LLC boosted its stake in iShares Flexible Income Active ETF by 23.0% during the fourth quarter. Rollins Financial Advisors LLC now owns 103,578 shares of the company’s stock valued at $5,466,000 after buying an additional 19,347 shares in the last quarter.

iShares Flexible Income Active ETF Price Performance

Shares of BINC stock opened at $52.19 on Tuesday. The stock has a 50-day simple moving average of $52.15 and a 200 day simple moving average of $52.68. iShares Flexible Income Active ETF has a fifty-two week low of $51.60 and a fifty-two week 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.