Kingswood Wealth Advisors LLC Grows Stock Position in iShares Flexible Income Active ETF $BINC

Kingswood Wealth Advisors LLC increased its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 108.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,445 shares of the company’s stock after buying an additional 17,377 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $1,765,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in BINC. Trust Co. of Vermont purchased a new position in iShares Flexible Income Active ETF during the third quarter worth about $28,000. Eagle Bay Advisors LLC purchased a new position in iShares Flexible Income Active ETF during the fourth quarter worth about $30,000. Canton Hathaway LLC purchased a new position in shares of iShares Flexible Income Active ETF in the 4th quarter worth about $32,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares Flexible Income Active ETF in the 4th quarter worth about $40,000. Finally, Bessemer Group Inc. purchased a new position in shares of iShares Flexible Income Active ETF in the 3rd quarter worth about $53,000.

iShares Flexible Income Active ETF Stock Performance

iShares Flexible Income Active ETF stock opened at $52.41 on Friday. The stock’s 50-day moving average is $52.43 and its 200-day moving average is $52.82. iShares Flexible Income Active ETF has a 12 month low of $51.60 and a 12 month high of $53.51.

iShares Flexible Income Active 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. BINC was launched on May 19, 2023 and is managed by BlackRock.