BlackRock Flexible Income ETF (NYSEARCA:BINC) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC lessened its stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 145,362 shares of the company’s stock after selling 212 shares during the quarter. AE Wealth Management LLC owned about 0.26% of BlackRock Flexible Income ETF worth $7,588,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in BlackRock Flexible Income ETF by 7.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 14,607,725 shares of the company’s stock valued at $762,523,000 after acquiring an additional 1,014,302 shares during the last quarter. LPL Financial LLC raised its holdings in shares of BlackRock Flexible Income ETF by 16.9% in the 2nd quarter. LPL Financial LLC now owns 3,687,692 shares of the company’s stock worth $192,498,000 after purchasing an additional 533,884 shares in the last quarter. Quotient Wealth Partners LLC lifted its stake in BlackRock Flexible Income ETF by 9.6% during the second quarter. Quotient Wealth Partners LLC now owns 3,312,444 shares of the company’s stock valued at $172,910,000 after purchasing an additional 288,992 shares during the last quarter. Dynasty Wealth Management LLC bought a new stake in BlackRock Flexible Income ETF during the first quarter worth approximately $163,937,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in BlackRock Flexible Income ETF by 3.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,103,367 shares of the company’s stock worth $109,796,000 after buying an additional 79,924 shares during the last quarter.

BlackRock Flexible Income ETF Trading Up 0.0 %

Shares of NYSEARCA:BINC opened at $53.50 on Friday. The stock has a fifty day moving average of $52.94 and a 200-day moving average of $52.41. BlackRock Flexible Income ETF has a one year low of $49.54 and a one year high of $53.53.

About BlackRock Flexible Income 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.