Synergy Investment Management LLC Has $5.21 Million Stock Holdings in iShares Flexible Income Active ETF $BINC

Synergy Investment Management LLC boosted its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,646 shares of the company’s stock after purchasing an additional 12,741 shares during the quarter. iShares Flexible Income Active ETF comprises approximately 1.8% of Synergy Investment Management LLC’s holdings, making the stock its 14th largest position. Synergy Investment Management LLC’s holdings in iShares Flexible Income Active ETF were worth $5,206,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Farther Finance Advisors LLC lifted its holdings in shares of iShares Flexible Income Active ETF by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock worth $16,978,000 after buying an additional 136,183 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in shares of iShares Flexible Income Active ETF in the fourth quarter worth $569,000. Vantage Financial Partners LLC increased its position in iShares Flexible Income Active ETF by 8.3% during the third quarter. Vantage Financial Partners LLC now owns 410,549 shares of the company’s stock worth $21,858,000 after acquiring an additional 31,383 shares during the period. Arkadios Wealth Advisors increased its position in iShares Flexible Income Active ETF by 66.1% during the third quarter. Arkadios Wealth Advisors now owns 50,147 shares of the company’s stock worth $2,670,000 after acquiring an additional 19,948 shares during the period. Finally, Parallel Advisors LLC raised its stake in iShares Flexible Income Active ETF by 50.0% during the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after purchasing an additional 170,583 shares during the last quarter.

iShares Flexible Income Active ETF Price Performance

Shares of iShares Flexible Income Active ETF stock opened at $52.00 on Tuesday. The firm has a fifty day moving average price of $52.18 and a two-hundred day moving average price of $52.72. iShares Flexible Income Active ETF has a fifty-two week low of $51.60 and a fifty-two week 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.