iShares Flexible Income Active ETF $BINC Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC lifted its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 8.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 642,004 shares of the company’s stock after purchasing an additional 49,130 shares during the period. iShares Flexible Income Active ETF comprises about 0.6% of Parallel Advisors LLC’s portfolio, making the stock its 27th largest holding. Parallel Advisors LLC owned 0.20% of iShares Flexible Income Active ETF worth $33,339,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of BINC. Janney Montgomery Scott LLC increased its position in shares of iShares Flexible Income Active ETF by 4.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,579,659 shares of the company’s stock valued at $83,359,000 after buying an additional 65,625 shares in the last quarter. Rollins Financial Advisors LLC lifted its position in shares of iShares Flexible Income Active ETF by 23.0% during the 4th quarter. Rollins Financial Advisors LLC now owns 103,578 shares of the company’s stock valued at $5,466,000 after buying an additional 19,347 shares in the last quarter. Nations Financial Group Inc. IA ADV purchased a new position in shares of iShares Flexible Income Active ETF during the 4th quarter valued at approximately $569,000. Farther Finance Advisors LLC grew its stake in iShares Flexible Income Active ETF by 73.4% in the 4th quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock valued at $16,978,000 after acquiring an additional 136,183 shares during the period. Finally, Tsfg LLC grew its stake in iShares Flexible Income Active ETF by 10.9% in the 4th quarter. Tsfg LLC now owns 147,465 shares of the company’s stock valued at $7,782,000 after acquiring an additional 14,457 shares during the period.

iShares Flexible Income Active ETF Price Performance

Shares of NYSEARCA BINC opened at $51.98 on Wednesday. The firm has a fifty day moving average of $52.14 and a 200 day moving average of $52.38. iShares Flexible Income Active ETF has a one year low of $51.60 and a one year high of $53.51.

iShares Flexible Income Active ETF 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. BINC was launched on May 19, 2023 and is managed by BlackRock.