L & S Advisors Inc Increases Stock Holdings in iShares Flexible Income Active ETF $BINC

L & S Advisors Inc lifted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 139.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 68,195 shares of the company’s stock after buying an additional 39,695 shares during the quarter. L & S Advisors Inc’s holdings in iShares Flexible Income Active ETF were worth $3,599,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of BINC. Redwood Investment Management LLC raised its holdings in shares of iShares Flexible Income Active ETF by 11.3% during the 2nd quarter. Redwood Investment Management LLC now owns 24,124 shares of the company’s stock valued at $1,275,000 after buying an additional 2,442 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of iShares Flexible Income Active ETF by 66.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 50,147 shares of the company’s stock valued at $2,670,000 after buying an additional 19,948 shares during the period. Twin Peaks Wealth Advisors LLC raised its holdings in shares of iShares Flexible Income Active ETF by 18.5% during the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 24,462 shares of the company’s stock valued at $1,302,000 after buying an additional 3,826 shares during the period. Tidemark LLC raised its holdings in shares of iShares Flexible Income Active ETF by 13.9% during the 3rd quarter. Tidemark LLC now owns 171,214 shares of the company’s stock valued at $9,115,000 after buying an additional 20,912 shares during the period. Finally, Golden State Wealth Management LLC raised its holdings in shares of iShares Flexible Income Active ETF by 12.3% during the 3rd quarter. Golden State Wealth Management LLC now owns 3,485 shares of the company’s stock valued at $186,000 after buying an additional 382 shares during the period.

iShares Flexible Income Active ETF Trading Down 0.3%

Shares of NYSEARCA:BINC opened at $52.07 on Friday. iShares Flexible Income Active ETF has a one year low of $51.60 and a one year high of $53.51. The business’s 50-day simple moving average is $52.19 and its 200 day simple moving average is $52.73.

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