HCR Wealth Advisors Has $9.59 Million Stock Holdings in iShares Flexible Income Active ETF $BINC

by · The Cerbat Gem

HCR Wealth Advisors boosted its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 11.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 181,674 shares of the company’s stock after buying an additional 18,508 shares during the quarter. iShares Flexible Income Active ETF accounts for 0.9% of HCR Wealth Advisors’ investment portfolio, making the stock its 19th biggest position. HCR Wealth Advisors’ holdings in iShares Flexible Income Active ETF were worth $9,587,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Flexible Income Active ETF by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,296,259 shares of the company’s stock valued at $601,413,000 after purchasing an additional 490,193 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares Flexible Income Active ETF by 57.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,808,502 shares of the company’s stock valued at $362,437,000 after purchasing an additional 2,489,130 shares during the period. NewEdge Advisors LLC raised its holdings in shares of iShares Flexible Income Active ETF by 17.0% in the 3rd quarter. NewEdge Advisors LLC now owns 994,255 shares of the company’s stock valued at $52,934,000 after purchasing an additional 144,239 shares during the period. United Capital Financial Advisors LLC raised its holdings in shares of iShares Flexible Income Active ETF by 13.0% in the 3rd quarter. United Capital Financial Advisors LLC now owns 937,094 shares of the company’s stock valued at $49,891,000 after purchasing an additional 108,135 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of iShares Flexible Income Active ETF by 50.0% in the 3rd quarter. Parallel Advisors LLC now owns 511,503 shares of the company’s stock valued at $27,232,000 after purchasing an additional 170,583 shares during the period.

iShares Flexible Income Active ETF Stock Up 0.2%

Shares of BINC stock opened at $52.51 on Friday. The firm’s 50-day moving average is $52.47 and its 200-day moving average is $52.84. iShares Flexible Income Active ETF has a 52-week low of $51.50 and a 52-week high of $53.51.

iShares Flexible Income Active ETF Company Profile

(Free Report)

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. BINC was launched on May 19, 2023 and is managed by BlackRock.

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