88,255 Shares in iShares Flexible Income Active ETF (NYSEARCA:BINC) Acquired by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. purchased a new stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 88,255 shares of the company’s stock, valued at approximately $4,591,000. iShares Flexible Income Active ETF accounts for approximately 5.8% of Hanseatic Management Services Inc.’s holdings, making the stock its 2nd largest holding. Hanseatic Management Services Inc. owned approximately 0.16% of iShares Flexible Income Active ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Arkadios Wealth Advisors boosted its stake in shares of iShares Flexible Income Active ETF by 35.4% in the 4th quarter. Arkadios Wealth Advisors now owns 10,590 shares of the company’s stock valued at $551,000 after buying an additional 2,769 shares during the period. HCR Wealth Advisors raised its holdings in iShares Flexible Income Active ETF by 20.5% in the fourth quarter. HCR Wealth Advisors now owns 98,797 shares of the company’s stock valued at $5,139,000 after acquiring an additional 16,783 shares in the last quarter. PSI Advisors LLC raised its holdings in iShares Flexible Income Active ETF by 283.0% in the fourth quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock valued at $128,000 after acquiring an additional 1,814 shares in the last quarter. ORG Partners LLC lifted its stake in iShares Flexible Income Active ETF by 15.3% in the fourth quarter. ORG Partners LLC now owns 1,617 shares of the company’s stock worth $84,000 after acquiring an additional 215 shares during the last quarter. Finally, Global Wealth Strategies & Associates grew its holdings in iShares Flexible Income Active ETF by 18,380.9% during the 4th quarter. Global Wealth Strategies & Associates now owns 138,607 shares of the company’s stock worth $7,210,000 after acquiring an additional 137,857 shares in the last quarter.

iShares Flexible Income Active ETF Stock Performance

Shares of BINC opened at $52.26 on Friday. The firm’s fifty day simple moving average is $52.41 and its 200-day simple moving average is $52.72. iShares Flexible Income Active ETF has a twelve month low of $51.53 and a twelve month high of $53.56.

iShares Flexible Income Active 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.