Global Wealth Strategies & Associates Acquires Shares of 750 BlackRock Flexible Income ETF (NYSEARCA:BINC)

Global Wealth Strategies & Associates bought a new position in BlackRock Flexible Income ETF (NYSEARCA:BINC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 750 shares of the company’s stock, valued at approximately $39,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Park Place Capital Corp acquired a new stake in shares of BlackRock Flexible Income ETF in the fourth quarter valued at approximately $55,000. Kestra Private Wealth Services LLC grew its position in shares of BlackRock Flexible Income ETF by 16.9% during the 4th quarter. Kestra Private Wealth Services LLC now owns 7,494 shares of the company’s stock worth $392,000 after buying an additional 1,084 shares during the period. Beta Wealth Group Inc. raised its stake in shares of BlackRock Flexible Income ETF by 2.4% during the fourth quarter. Beta Wealth Group Inc. now owns 54,487 shares of the company’s stock worth $2,848,000 after buying an additional 1,279 shares during the last quarter. Glassman Wealth Services acquired a new position in BlackRock Flexible Income ETF in the fourth quarter valued at approximately $101,000. Finally, CVA Family Office LLC boosted its position in shares of BlackRock Flexible Income ETF by 10.0% in the 4th quarter. CVA Family Office LLC now owns 26,189 shares of the company’s stock worth $1,369,000 after purchasing an additional 2,384 shares during the last quarter.

BlackRock Flexible Income ETF Stock Performance

Shares of BINC stock traded up $0.01 on Tuesday, reaching $52.17. The company had a trading volume of 71,413 shares, compared to its average volume of 653,164. The company has a 50-day moving average of $52.01 and a 200-day moving average of $52.09. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $52.62.

BlackRock Flexible Income 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.