Mosley Wealth Management Buys New Shares in iShares Flexible Income Active ETF $BINC

Mosley Wealth Management bought a new stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 30,937 shares of the company’s stock, valued at approximately $1,642,000.

Several other hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in shares of iShares Flexible Income Active ETF by 9.3% in the fourth quarter. JPMorgan Chase & Co. now owns 12,344,473 shares of the company’s stock valued at $651,418,000 after buying an additional 1,048,214 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares Flexible Income Active ETF by 57.6% in the third quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock valued at $362,437,000 after buying an additional 2,489,130 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of iShares Flexible Income Active ETF by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,579,659 shares of the company’s stock valued at $83,359,000 after buying an additional 65,625 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares Flexible Income Active ETF by 9.9% in the fourth quarter. Bank of New York Mellon Corp now owns 1,482,450 shares of the company’s stock valued at $78,229,000 after buying an additional 133,224 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in shares of iShares Flexible Income Active ETF by 17.0% in the third quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock valued at $52,934,000 after buying an additional 144,239 shares during the period.

iShares Flexible Income Active ETF Trading Up 0.3%

NYSEARCA BINC opened at $52.16 on Friday. The firm has a 50-day simple moving average of $52.21 and a 200 day simple moving average of $52.59. iShares Flexible Income Active ETF has a twelve month low of $51.60 and a twelve month high of $53.51.

iShares Flexible Income Active ETF Company 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.