Heck Capital Advisors 13F: New $73M Stake in BINC

Heck Capital Advisors picked up a brand-new position in iShares Flexible Income Active ETF (NYSEArca: BINC), according to a Form 13F filing submitted to the Securities and Exchange Commission on October 14, 2026. Because 13F reports look backward at what money managers owned at the end of the last quarter, this filing might not show what the firm is doing with the stock right now.

What Changed in Heck Capital Advisors's iShares Flexible Income Active ETF Position

During the quarter, Heck Capital Advisors initiated a fresh stake in the fixed-income fund by purchasing 1,436,481 shares. The newly acquired holding carried a reported value of $72,958,870. Because this is a brand-new position, there are no previous quarter share counts or percentage changes to report.

iShares Flexible Income Active ETF Stock Holds Steady

Shares of iShares Flexible Income Active ETF recently traded around $50.67 as of October 16, 2026. The stock has traded in a 52-week range between $50.43 and $53.51. Its recent price sits below its 50-day moving average of $51.41 and below its 200-day moving average of $52.16.

Dividend

The fund distributes an annual dividend yield of 5.71%, offering income-focused investors regular payouts based on its underlying fixed-income holdings.

About iShares Flexible Income Active ETF

iShares Flexible Income Active ETF is an actively managed exchange-traded fund that invests in a mix of fixed-income assets. Under normal market conditions, it holds high-yield securities, government-issued obligations, and mortgage-backed bonds. This new investment by Heck Capital Advisors adds to the firm's recent portfolio adjustments, which also included opening a stake in The PNC Financial Services Group, Inc. and exiting positions in the Global X Uranium ETF and the iShares MSCI South Korea ETF.

Bottom Line

Investors tracking Heck Capital Advisors will want to watch future 13F filings to see whether the firm builds on this position or adjusts its exposure. Remember that these filings only offer a delayed look at past portfolio choices. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.