Parallel Advisors LLC increased its stake in shares of iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report) by 15.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 592,874 shares of the company’s stock after acquiring an additional 81,371 shares during the quarter. iShares Flexible Income Active ETF comprises about 0.6% of Parallel Advisors LLC’s portfolio, making the stock its 29th largest holding. Parallel Advisors LLC’s holdings in iShares Flexible Income Active ETF were worth $31,286,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Rollins Financial Advisors LLC lifted its position in iShares Flexible Income Active ETF by 23.0% during the fourth quarter. Rollins Financial Advisors LLC now owns 103,578 shares of the company’s stock valued at $5,466,000 after purchasing an additional 19,347 shares during the last quarter. Farther Finance Advisors LLC lifted its position in iShares Flexible Income Active ETF by 73.4% during the fourth quarter. Farther Finance Advisors LLC now owns 321,728 shares of the company’s stock valued at $16,978,000 after purchasing an additional 136,183 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new position in iShares Flexible Income Active ETF during the fourth quarter valued at $569,000. Vantage Financial Partners LLC lifted its position in iShares Flexible Income Active ETF by 8.3% during the third quarter. Vantage Financial Partners LLC now owns 410,549 shares of the company’s stock valued at $21,858,000 after purchasing an additional 31,383 shares during the last quarter. Finally, Synergy Investment Management LLC bought a new position in iShares Flexible Income Active ETF during the third quarter valued at $4,574,000.
iShares Flexible Income Active ETF Trading Up 0.0%
BINC stock opened at $52.12 on Friday. iShares Flexible Income Active ETF has a 52 week low of $51.60 and a 52 week high of $53.51. The company has a fifty day simple moving average of $52.18 and a two-hundred day simple moving average of $52.63.
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.
Featured Articles
- Five stocks we like better than iShares Flexible Income Active ETF
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding BINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Flexible Income Active ETF (NYSEARCA:BINC – Free Report).
Receive News & Ratings for iShares Flexible Income Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Flexible Income Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.
