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

Parallel Advisors LLC grew its position in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 8.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 642,004 shares of the company’s stock after buying an additional 49,130 shares during the quarter. iShares Flexible Income Active ETF accounts for approximately 0.6% of Parallel Advisors LLC’s holdings, making the stock its 28th biggest 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.

Other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC boosted its position in shares of iShares Flexible Income Active ETF by 3.3% in the 4th quarter. ORG Partners LLC now owns 10,010 shares of the company’s stock worth $528,000 after buying an additional 316 shares in the last quarter. Cedar Mountain Advisors LLC increased its holdings in iShares Flexible Income Active ETF by 0.3% during the 1st quarter. Cedar Mountain Advisors LLC now owns 126,378 shares of the company’s stock valued at $6,563,000 after acquiring an additional 320 shares in the last quarter. Fiduciary Alliance LLC raised its position in iShares Flexible Income Active ETF by 4.1% during the first quarter. Fiduciary Alliance LLC now owns 8,171 shares of the company’s stock worth $428,000 after acquiring an additional 321 shares during the last quarter. Western Wealth Management LLC raised its position in iShares Flexible Income Active ETF by 2.0% during the fourth quarter. Western Wealth Management LLC now owns 20,210 shares of the company’s stock worth $1,066,000 after acquiring an additional 401 shares during the last quarter. Finally, Ashton Thomas Securities LLC lifted its holdings in shares of iShares Flexible Income Active ETF by 1.0% in the fourth quarter. Ashton Thomas Securities LLC now owns 48,170 shares of the company’s stock valued at $2,536,000 after purchasing an additional 466 shares in the last quarter.

iShares Flexible Income Active ETF Stock Performance

BINC stock opened at $52.14 on Monday. The company’s 50 day simple moving average is $52.19 and its 200-day simple moving average is $52.46. iShares Flexible Income Active ETF has a 12 month low of $51.60 and a 12 month high of $53.51.

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