Icon Wealth Advisors LLC Trims Holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Icon Wealth Advisors LLC decreased its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 99.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 790 shares of the company’s stock after selling 125,405 shares during the period. Icon Wealth Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $42,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BINC. Park Avenue Securities LLC grew its position in shares of iShares Flexible Income Active ETF by 47.2% during the 3rd quarter. Park Avenue Securities LLC now owns 1,454,229 shares of the company’s stock worth $77,845,000 after buying an additional 466,505 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of iShares Flexible Income Active ETF by 757.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,147 shares of the company’s stock worth $269,000 after buying an additional 4,547 shares in the last quarter. Delta Financial Group Inc. grew its position in shares of iShares Flexible Income Active ETF by 203.4% during the 3rd quarter. Delta Financial Group Inc. now owns 27,009 shares of the company’s stock worth $1,446,000 after buying an additional 18,107 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of iShares Flexible Income Active ETF during the 1st quarter worth $120,000. Finally, Sanctuary Advisors LLC bought a new position in shares of iShares Flexible Income Active ETF during the 2nd quarter worth $26,920,000.

iShares Flexible Income Active ETF Price Performance

BINC opened at $52.64 on Monday. iShares Flexible Income Active ETF has a 12-month low of $50.90 and a 12-month high of $53.56. The business’s fifty day simple moving average is $52.92 and its 200-day simple moving average is $52.66.

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.