Wells Financial Advisors INC Has $761,000 Stake in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Wells Financial Advisors INC grew its holdings in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC) by 21.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,627 shares of the company’s stock after acquiring an additional 2,580 shares during the period. iShares Flexible Income Active ETF accounts for approximately 1.0% of Wells Financial Advisors INC’s investment portfolio, making the stock its 26th biggest holding. Wells Financial Advisors INC’s holdings in iShares Flexible Income Active ETF were worth $761,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Flexible Income Active ETF by 15.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,868,066 shares of the company’s stock worth $421,178,000 after acquiring an additional 1,038,895 shares during the last quarter. Vantage Financial Partners LLC purchased a new stake in shares of iShares Flexible Income Active ETF in the fourth quarter worth approximately $9,211,000. Global Wealth Strategies & Associates lifted its holdings in shares of iShares Flexible Income Active ETF by 18,380.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 138,607 shares of the company’s stock valued at $7,210,000 after purchasing an additional 137,857 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares Flexible Income Active ETF by 11.2% during the fourth quarter. Bank of New York Mellon Corp now owns 1,007,819 shares of the company’s stock valued at $52,427,000 after buying an additional 101,880 shares during the last quarter. Finally, Hanseatic Management Services Inc. bought a new stake in iShares Flexible Income Active ETF during the fourth quarter worth $4,591,000.

iShares Flexible Income Active ETF Price Performance

NYSEARCA BINC opened at $52.41 on Wednesday. The business has a fifty day simple moving average of $52.43 and a 200 day simple moving average of $52.62. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.57.

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.