Parallel Advisors LLC Has $1.51 Million Holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC)

Parallel Advisors LLC raised its stake in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,046 shares of the company’s stock after buying an additional 1,641 shares during the quarter. Parallel Advisors LLC owned 0.05% of iShares Flexible Income Active ETF worth $1,511,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Avior Wealth Management LLC raised its position in shares of iShares Flexible Income Active ETF by 1,001.8% in the 4th quarter. Avior Wealth Management LLC now owns 7,525 shares of the company’s stock valued at $391,000 after acquiring an additional 6,842 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Flexible Income Active ETF by 11.2% in the fourth quarter. Bank of New York Mellon Corp now owns 1,007,819 shares of the company’s stock valued at $52,427,000 after purchasing an additional 101,880 shares in the last quarter. Global Wealth Strategies & Associates raised its holdings in iShares Flexible Income Active ETF by 18,380.9% in the fourth quarter. Global Wealth Strategies & Associates now owns 138,607 shares of the company’s stock worth $7,210,000 after purchasing an additional 137,857 shares during the period. Vantage Financial Partners LLC bought a new position in shares of iShares Flexible Income Active ETF during the fourth quarter worth $9,211,000. Finally, Asio Capital LLC acquired a new position in shares of iShares Flexible Income Active ETF in the 4th quarter valued at $2,303,000.

iShares Flexible Income Active ETF Stock Performance

BINC opened at $52.38 on Wednesday. The company has a fifty day simple moving average of $52.39 and a 200 day simple moving average of $52.64. iShares Flexible Income Active ETF has a 12 month low of $51.53 and a 12 month high of $53.57.

About iShares Flexible Income Active ETF

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.