Creative Financial Designs Inc. ADV Raises Position in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Creative Financial Designs Inc. ADV lifted its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 26.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 17,565 shares of the company’s stock after purchasing an additional 3,689 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Flexible Income Active ETF were worth $940,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BINC. Continuum Advisory LLC boosted its stake in iShares Flexible Income Active ETF by 13.0% during the second quarter. Continuum Advisory LLC now owns 1,716 shares of the company’s stock worth $90,000 after buying an additional 198 shares during the period. Gilliland Jeter Wealth Management LLC boosted its stake in shares of iShares Flexible Income Active ETF by 45.0% during the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 815 shares of the company’s stock worth $43,000 after purchasing an additional 253 shares during the period. TRUE Private Wealth Advisors grew its holdings in iShares Flexible Income Active ETF by 2.7% during the 2nd quarter. TRUE Private Wealth Advisors now owns 13,669 shares of the company’s stock valued at $714,000 after purchasing an additional 362 shares during the last quarter. Tennessee Valley Asset Management Partners raised its position in iShares Flexible Income Active ETF by 2.9% in the 2nd quarter. Tennessee Valley Asset Management Partners now owns 14,858 shares of the company’s stock worth $776,000 after purchasing an additional 421 shares during the period. Finally, Magnus Financial Group LLC lifted its stake in iShares Flexible Income Active ETF by 4.5% in the second quarter. Magnus Financial Group LLC now owns 11,261 shares of the company’s stock worth $588,000 after purchasing an additional 481 shares during the last quarter.

iShares Flexible Income Active ETF Stock Performance

Shares of NYSEARCA:BINC opened at $52.42 on Friday. The business has a 50 day simple moving average of $53.10 and a two-hundred day simple moving average of $52.57. iShares Flexible Income Active ETF has a 1 year low of $50.17 and a 1 year high of $53.56.

iShares Flexible Income Active ETF Company 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.