Family Asset Management LLC Makes New Investment in BlackRock Flexible Income ETF (NYSEARCA:BINC)

Family Asset Management LLC bought a new position in shares of BlackRock Flexible Income ETF (NYSEARCA:BINC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,286 shares of the company’s stock, valued at approximately $747,000. Family Asset Management LLC owned approximately 0.56% of BlackRock Flexible Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Wharton Business Group LLC acquired a new position in BlackRock Flexible Income ETF in the third quarter valued at $29,954,000. Emory University acquired a new position in BlackRock Flexible Income ETF in the 4th quarter valued at about $15,235,000. Priebe Wealth Holdings LLC acquired a new position in BlackRock Flexible Income ETF in the 4th quarter valued at about $8,324,000. Private Advisor Group LLC purchased a new stake in BlackRock Flexible Income ETF during the 4th quarter valued at approximately $4,082,000. Finally, Secure Asset Management LLC acquired a new stake in BlackRock Flexible Income ETF during the 4th quarter worth approximately $3,614,000.

BlackRock Flexible Income ETF Trading Up 0.1 %

Shares of BINC stock traded up $0.06 during midday trading on Monday, hitting $52.02. The company had a trading volume of 286,068 shares, compared to its average volume of 718,549. The company’s 50 day simple moving average is $52.09 and its 200 day simple moving average is $51.72. BlackRock Flexible Income ETF has a 52-week low of $49.54 and a 52-week high of $52.62.

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.