BlackRock Flexible Income ETF (NYSEARCA:BINC) Position Increased by Regal Investment Advisors LLC

Regal Investment Advisors LLC increased its stake in BlackRock Flexible Income ETF (NYSEARCA:BINC) by 19.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,777 shares of the company’s stock after purchasing an additional 7,178 shares during the period. Regal Investment Advisors LLC owned 0.08% of BlackRock Flexible Income ETF worth $2,337,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. YHB Investment Advisors Inc. acquired a new stake in BlackRock Flexible Income ETF in the 1st quarter valued at approximately $25,000. Hexagon Capital Partners LLC acquired a new stake in BlackRock Flexible Income ETF in the 2nd quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC acquired a new stake in BlackRock Flexible Income ETF in the 2nd quarter valued at approximately $26,000. Retirement Group LLC increased its position in BlackRock Flexible Income ETF by 927.3% in the 1st quarter. Retirement Group LLC now owns 565 shares of the company’s stock valued at $30,000 after acquiring an additional 510 shares during the period. Finally, Sunbelt Securities Inc. acquired a new stake in BlackRock Flexible Income ETF in the 1st quarter valued at approximately $31,000.

BlackRock Flexible Income ETF Stock Performance

BINC opened at $53.53 on Tuesday. BlackRock Flexible Income ETF has a 12 month low of $49.54 and a 12 month high of $53.56. The stock’s 50 day moving average price is $53.04 and its 200 day moving average price is $52.45.

BlackRock Flexible Income 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.