LPL Financial LLC Purchases 533,884 Shares of BlackRock Flexible Income ETF (NYSEARCA:BINC)

LPL Financial LLC lifted its position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) by 16.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,687,692 shares of the company’s stock after acquiring an additional 533,884 shares during the period. LPL Financial LLC owned approximately 6.52% of BlackRock Flexible Income ETF worth $192,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. YHB Investment Advisors Inc. purchased a new stake in BlackRock Flexible Income ETF during the 1st quarter valued at $25,000. Hexagon Capital Partners LLC bought a new stake in BlackRock Flexible Income ETF in the 2nd quarter worth about $26,000. Ashton Thomas Private Wealth LLC bought a new stake in BlackRock Flexible Income ETF in the 2nd quarter worth about $26,000. Retirement Group LLC raised its position in BlackRock Flexible Income ETF by 927.3% in the 1st quarter. Retirement Group LLC now owns 565 shares of the company’s stock worth $30,000 after buying an additional 510 shares during the last quarter. Finally, Sunbelt Securities Inc. bought a new position in BlackRock Flexible Income ETF during the 1st quarter valued at about $31,000.

BlackRock Flexible Income ETF Trading Up 0.0 %

Shares of BINC stock opened at $53.20 on Thursday. The company has a 50 day moving average price of $52.79 and a 200-day moving average price of $52.35. BlackRock Flexible Income ETF has a 52 week low of $49.54 and a 52 week high of $53.26.

BlackRock Flexible Income 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.