iShares Flexible Income Active ETF (NYSEARCA:BINC) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 11.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,007,819 shares of the company’s stock after purchasing an additional 101,880 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.78% of iShares Flexible Income Active ETF worth $52,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mengis Capital Management Inc. boosted its position in shares of iShares Flexible Income Active ETF by 67.6% in the fourth quarter. Mengis Capital Management Inc. now owns 44,879 shares of the company’s stock worth $2,335,000 after buying an additional 18,109 shares during the period. IFP Advisors Inc grew its position in shares of iShares Flexible Income Active ETF by 27.7% in the 4th quarter. IFP Advisors Inc now owns 47,899 shares of the company’s stock worth $2,492,000 after acquiring an additional 10,390 shares in the last quarter. Kickstand Ventures LLC. grew its position in shares of iShares Flexible Income Active ETF by 15.7% in the 4th quarter. Kickstand Ventures LLC. now owns 58,409 shares of the company’s stock worth $3,038,000 after acquiring an additional 7,937 shares in the last quarter. Bay Harbor Wealth Management LLC grew its position in shares of iShares Flexible Income Active ETF by 3.6% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 78,136 shares of the company’s stock worth $4,065,000 after acquiring an additional 2,687 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its holdings in shares of iShares Flexible Income Active ETF by 7.3% in the 4th quarter. Strategic Blueprint LLC now owns 136,894 shares of the company’s stock worth $7,121,000 after purchasing an additional 9,271 shares during the last quarter.

iShares Flexible Income Active ETF Price Performance

Shares of NYSEARCA BINC opened at $52.54 on Thursday. iShares Flexible Income Active ETF has a 12-month low of $51.53 and a 12-month high of $53.57. The stock’s 50 day simple moving average is $52.34 and its 200 day simple moving average is $52.70.

About iShares Flexible Income Active ETF

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.