Cobblestone Asset Management LLC purchased a new stake in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 43,478 shares of the company’s stock, valued at approximately $2,281,000. BlackRock Flexible Income ETF accounts for 1.5% of Cobblestone Asset Management LLC’s portfolio, making the stock its 17th largest holding. Cobblestone Asset Management LLC owned approximately 0.08% of BlackRock Flexible Income ETF at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of BINC. Sunbelt Securities Inc. purchased a new stake in shares of BlackRock Flexible Income ETF during the first quarter valued at approximately $31,000. Global Wealth Strategies & Associates acquired a new position in BlackRock Flexible Income ETF in the 1st quarter worth $39,000. Park Place Capital Corp purchased a new position in BlackRock Flexible Income ETF in the 4th quarter valued at about $55,000. Glassman Wealth Services acquired a new stake in shares of BlackRock Flexible Income ETF during the fourth quarter valued at about $101,000. Finally, Cape Investment Advisory Inc. purchased a new stake in shares of BlackRock Flexible Income ETF during the fourth quarter worth about $136,000.
BlackRock Flexible Income ETF Stock Performance
Shares of BlackRock Flexible Income ETF stock traded down $0.32 during trading on Monday, reaching $51.88. The company had a trading volume of 328,102 shares, compared to its average volume of 640,680. The firm’s fifty day moving average is $52.10 and its 200-day moving average is $52.14. BlackRock Flexible Income ETF has a fifty-two week low of $49.54 and a fifty-two week high of $52.62.
BlackRock Flexible Income ETF Company 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.
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