SteelPeak Wealth LLC bought a new position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 97,815 shares of the company’s stock, valued at approximately $5,131,000. SteelPeak Wealth LLC owned about 0.18% of BlackRock Flexible Income ETF at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. purchased a new position in shares of BlackRock Flexible Income ETF during the 1st quarter valued at about $31,000. Global Wealth Strategies & Associates purchased a new position in BlackRock Flexible Income ETF during the first quarter valued at approximately $39,000. Park Place Capital Corp acquired a new position in BlackRock Flexible Income ETF in the fourth quarter valued at approximately $55,000. Glassman Wealth Services purchased a new stake in BlackRock Flexible Income ETF in the 4th quarter worth approximately $101,000. Finally, Cape Investment Advisory Inc. acquired a new stake in shares of BlackRock Flexible Income ETF during the 4th quarter worth approximately $136,000.
BlackRock Flexible Income ETF Price Performance
Shares of NYSEARCA:BINC traded down $0.10 during trading on Friday, hitting $52.20. 323,270 shares of the stock traded hands, compared to its average volume of 643,201. The company has a fifty day moving average price of $52.10 and a two-hundred day moving average price of $52.14. BlackRock Flexible Income ETF has a 52-week low of $49.54 and a 52-week 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.
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