Parallel Advisors LLC Acquires 1,641 Shares of iShares Flexible Income Active ETF (NYSEARCA:BINC)

Parallel Advisors LLC raised its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 6.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 29,046 shares of the company’s stock after buying an additional 1,641 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $1,511,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in BINC. ORG Partners LLC lifted its position in iShares Flexible Income Active ETF by 15.3% in the 4th quarter. ORG Partners LLC now owns 1,617 shares of the company’s stock valued at $84,000 after acquiring an additional 215 shares in the last quarter. PSI Advisors LLC grew its holdings in iShares Flexible Income Active ETF by 283.0% during the fourth quarter. PSI Advisors LLC now owns 2,455 shares of the company’s stock worth $128,000 after buying an additional 1,814 shares in the last quarter. Continuum Advisory LLC raised its position in iShares Flexible Income Active ETF by 45.6% in the 3rd quarter. Continuum Advisory LLC now owns 2,499 shares of the company’s stock valued at $131,000 after buying an additional 783 shares during the last quarter. Lindbrook Capital LLC lifted its stake in iShares Flexible Income Active ETF by 11.9% during the 4th quarter. Lindbrook Capital LLC now owns 4,421 shares of the company’s stock valued at $230,000 after acquiring an additional 471 shares in the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in iShares Flexible Income Active ETF by 152.7% during the 4th quarter. Harbor Investment Advisory LLC now owns 4,964 shares of the company’s stock worth $258,000 after acquiring an additional 3,000 shares during the last quarter.

iShares Flexible Income Active ETF Trading Up 0.2 %

Shares of BINC stock opened at $52.38 on Wednesday. iShares Flexible Income Active ETF has a one year low of $51.53 and a one year high of $53.57. The firm has a 50-day moving average of $52.39 and a 200-day moving average of $52.64.

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.