Semmax Financial Advisors Inc. Increases Holdings in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Semmax Financial Advisors Inc. lifted its position in BlackRock Flexible Income ETF (NYSEARCA:BINC) by 973.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,265 shares of the company’s stock after purchasing an additional 2,054 shares during the quarter. Semmax Financial Advisors Inc.’s holdings in BlackRock Flexible Income ETF were worth $118,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. YHB Investment Advisors Inc. purchased a new position in BlackRock Flexible Income ETF during the first quarter valued at approximately $25,000. Retirement Group LLC increased its position in shares of BlackRock Flexible Income ETF by 927.3% in the first quarter. Retirement Group LLC now owns 565 shares of the company’s stock valued at $30,000 after buying an additional 510 shares in the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of BlackRock Flexible Income ETF in the first quarter valued at approximately $31,000. Eagle Bay Advisors LLC acquired a new stake in shares of BlackRock Flexible Income ETF in the first quarter worth approximately $33,000. Finally, Global Wealth Strategies & Associates acquired a new stake in shares of BlackRock Flexible Income ETF in the first quarter worth approximately $39,000.

BlackRock Flexible Income ETF Stock Performance

NYSEARCA BINC traded down $0.20 on Thursday, reaching $52.67. 558,590 shares of the company were exchanged, compared to its average volume of 616,850. The business’s fifty day moving average price is $52.29 and its 200 day moving average price is $52.20. BlackRock Flexible Income ETF has a fifty-two week low of $49.54 and a fifty-two week high of $52.87.

About BlackRock Flexible Income 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.