Ascent Group LLC Buys 18,688 Shares of BlackRock Flexible Income ETF (NYSEARCA:BINC)

Ascent Group LLC lifted its position in BlackRock Flexible Income ETF (NYSEARCA:BINC) by 97.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,940 shares of the company’s stock after purchasing an additional 18,688 shares during the quarter. Ascent Group LLC owned about 0.07% of BlackRock Flexible Income ETF worth $1,990,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. YHB Investment Advisors Inc. bought a new position in BlackRock Flexible Income ETF during the first quarter valued at $25,000. Retirement Group LLC raised its position in shares of BlackRock Flexible Income ETF by 927.3% during the 1st quarter. Retirement Group LLC now owns 565 shares of the company’s stock valued at $30,000 after buying an additional 510 shares in the last quarter. Sunbelt Securities Inc. bought a new position in shares of BlackRock Flexible Income ETF in the 1st quarter valued at about $31,000. Eagle Bay Advisors LLC purchased a new position in BlackRock Flexible Income ETF in the first quarter worth about $33,000. Finally, Global Wealth Strategies & Associates purchased a new position in BlackRock Flexible Income ETF in the first quarter worth about $39,000.

BlackRock Flexible Income ETF Price Performance

Shares of BlackRock Flexible Income ETF stock traded up $0.03 on Monday, reaching $52.68. The company had a trading volume of 485,313 shares, compared to its average volume of 619,895. The firm’s 50-day moving average price is $52.26 and its two-hundred day moving average price is $52.19. BlackRock Flexible Income ETF has a 1 year low of $49.54 and a 1 year high of $52.70.

BlackRock Flexible Income 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.