LGT Financial Advisors LLC Buys 1,753 Shares of BlackRock Flexible Income ETF (NYSEARCA:BINC)

LGT Financial Advisors LLC grew its stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 41.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,033 shares of the company’s stock after acquiring an additional 1,753 shares during the quarter. LGT Financial Advisors LLC’s holdings in BlackRock Flexible Income ETF were worth $315,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Dynasty Wealth Management LLC bought a new stake in BlackRock Flexible Income ETF during the 1st quarter valued at about $163,937,000. Quotient Wealth Partners LLC bought a new stake in shares of BlackRock Flexible Income ETF during the fourth quarter valued at approximately $130,802,000. Envestnet Portfolio Solutions Inc. raised its holdings in BlackRock Flexible Income ETF by 2,120.6% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,023,443 shares of the company’s stock worth $106,150,000 after acquiring an additional 1,932,320 shares during the last quarter. CWM LLC lifted its position in BlackRock Flexible Income ETF by 33,255.1% in the 1st quarter. CWM LLC now owns 1,667,755 shares of the company’s stock valued at $87,490,000 after acquiring an additional 1,662,755 shares in the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in BlackRock Flexible Income ETF during the 2nd quarter valued at $67,737,000.

BlackRock Flexible Income ETF Price Performance

BlackRock Flexible Income ETF stock opened at $53.07 on Friday. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $53.26. The stock has a fifty day simple moving average of $52.70 and a two-hundred day simple moving average of $52.33.

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.