Kestra Private Wealth Services LLC Acquires 1,084 Shares of Blackrock Flexible Income ETF (NYSEARCA:BINC)

Kestra Private Wealth Services LLC boosted its holdings in shares of Blackrock Flexible Income ETF (NYSEARCA:BINC) by 16.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,494 shares of the company’s stock after acquiring an additional 1,084 shares during the period. Kestra Private Wealth Services LLC owned about 0.29% of Blackrock Flexible Income ETF worth $392,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wharton Business Group LLC bought a new stake in shares of Blackrock Flexible Income ETF in the 3rd quarter valued at about $29,954,000. Emory University acquired a new stake in Blackrock Flexible Income ETF in the 4th quarter worth approximately $15,235,000. Priebe Wealth Holdings LLC acquired a new stake in Blackrock Flexible Income ETF in the 4th quarter worth approximately $8,324,000. Secure Asset Management LLC acquired a new stake in Blackrock Flexible Income ETF in the 4th quarter worth approximately $3,614,000. Finally, Masso Torrence Wealth Management Inc. purchased a new position in Blackrock Flexible Income ETF during the 4th quarter worth approximately $2,736,000.

Blackrock Flexible Income ETF Price Performance

BINC opened at $52.05 on Wednesday. Blackrock Flexible Income ETF has a 12-month low of $49.54 and a 12-month high of $52.62. The firm has a 50 day moving average of $52.09 and a two-hundred day moving average of $51.73.

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.