Tidemark LLC Has $9.12 Million Position in iShares Flexible Income Active ETF $BINC

Tidemark LLC boosted its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 13.9% during the third quarter, Holdings Channel reports. The fund owned 171,214 shares of the company’s stock after purchasing an additional 20,912 shares during the period. iShares Flexible Income Active ETF makes up 2.7% of Tidemark LLC’s holdings, making the stock its 12th largest holding. Tidemark LLC’s holdings in iShares Flexible Income Active ETF were worth $9,115,000 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 BINC. Twin Peaks Wealth Advisors LLC increased its holdings in shares of iShares Flexible Income Active ETF by 18.5% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 24,462 shares of the company’s stock valued at $1,302,000 after purchasing an additional 3,826 shares during the last quarter. Arkadios Wealth Advisors boosted 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 worth $2,670,000 after buying an additional 19,948 shares during the period. Gilliland Jeter Wealth Management LLC grew its stake in iShares Flexible Income Active ETF by 26.2% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 4,921 shares of the company’s stock valued at $262,000 after buying an additional 1,021 shares during the last quarter. Cedar Mountain Advisors LLC raised its holdings in iShares Flexible Income Active ETF by 18.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 121,935 shares of the company’s stock valued at $6,492,000 after acquiring an additional 19,215 shares during the period. Finally, ORG Partners LLC lifted its position in iShares Flexible Income Active ETF by 80.3% during the third quarter. ORG Partners LLC now owns 9,694 shares of the company’s stock worth $534,000 after acquiring an additional 4,317 shares during the last quarter.

iShares Flexible Income Active ETF Stock Performance

Shares of NYSEARCA:BINC opened at $53.11 on Thursday. iShares Flexible Income Active ETF has a 12-month low of $50.84 and a 12-month high of $53.51. The business has a 50 day moving average of $52.95 and a 200-day moving average of $53.01.

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.