Private Advisor Group LLC Has $4.75 Million Stock Position in AB High Yield ETF (NYSEARCA:HYFI)

Private Advisor Group LLC increased its stake in AB High Yield ETF (NYSEARCA:HYFI) by 45.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 128,667 shares of the company’s stock after buying an additional 40,275 shares during the quarter. Private Advisor Group LLC’s holdings in AB High Yield ETF were worth $4,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CWM LLC bought a new stake in AB High Yield ETF in the 3rd quarter valued at $72,000. Financial Advocates Investment Management increased its holdings in shares of AB High Yield ETF by 13.2% in the third quarter. Financial Advocates Investment Management now owns 71,727 shares of the company’s stock valued at $2,698,000 after purchasing an additional 8,342 shares during the last quarter. Platform Technology Partners raised its position in shares of AB High Yield ETF by 22.9% in the third quarter. Platform Technology Partners now owns 13,313 shares of the company’s stock valued at $501,000 after purchasing an additional 2,480 shares during the period. IHT Wealth Management LLC acquired a new stake in shares of AB High Yield ETF during the 3rd quarter worth about $4,321,000. Finally, Jane Street Group LLC bought a new stake in shares of AB High Yield ETF during the 3rd quarter worth about $265,000.

AB High Yield ETF Stock Performance

Shares of NYSEARCA:HYFI opened at $37.33 on Friday. AB High Yield ETF has a 12-month low of $34.94 and a 12-month high of $38.79. The business has a 50 day moving average of $37.16 and a 200-day moving average of $37.21.

About AB High Yield ETF

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.