Parallel Advisors LLC Acquires 170,583 Shares of iShares Flexible Income Active ETF $BINC

Parallel Advisors LLC boosted its holdings in iShares Flexible Income Active ETF (NYSEARCA:BINC) by 50.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 511,503 shares of the company’s stock after purchasing an additional 170,583 shares during the quarter. Parallel Advisors LLC owned about 0.20% of iShares Flexible Income Active ETF worth $27,232,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of iShares Flexible Income Active ETF by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,296,259 shares of the company’s stock worth $601,413,000 after purchasing an additional 490,193 shares in the last quarter. Bank of New York Mellon Corp increased its position in iShares Flexible Income Active ETF by 8.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,149,509 shares of the company’s stock valued at $60,740,000 after buying an additional 90,210 shares in the last quarter. Vantage Financial Partners LLC raised its stake 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 buying an additional 31,383 shares during the last quarter. Global Wealth Strategies & Associates raised its stake in iShares Flexible Income Active ETF by 4.2% during the third quarter. Global Wealth Strategies & Associates now owns 204,462 shares of the company’s stock valued at $10,886,000 after buying an additional 8,224 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in iShares Flexible Income Active ETF by 26.0% in the third quarter. Farther Finance Advisors LLC now owns 185,545 shares of the company’s stock worth $9,878,000 after acquiring an additional 38,286 shares in the last quarter.

iShares Flexible Income Active ETF Price Performance

NYSEARCA BINC opened at $52.47 on Friday. iShares Flexible Income Active ETF has a 12 month low of $50.84 and a 12 month high of $53.51. The stock’s fifty day moving average price is $52.98 and its 200-day moving average price is $53.06.

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. BINC was launched on May 19, 2023 and is managed by BlackRock.