Ausdal Financial Partners Inc. Raises Stock Position in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Ausdal Financial Partners Inc. increased its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 13.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 177,212 shares of the company’s stock after purchasing an additional 20,938 shares during the period. AB Ultra Short Income ETF accounts for about 0.8% of Ausdal Financial Partners Inc.’s holdings, making the stock its 25th biggest holding. Ausdal Financial Partners Inc. owned approximately 0.92% of AB Ultra Short Income ETF worth $8,923,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in shares of AB Ultra Short Income ETF by 10.9% during the fourth quarter. LPL Financial LLC now owns 2,951,236 shares of the company’s stock valued at $148,595,000 after purchasing an additional 289,464 shares during the period. Raymond James Financial Inc. acquired a new position in AB Ultra Short Income ETF in the 4th quarter worth $30,321,000. Truist Financial Corp lifted its holdings in AB Ultra Short Income ETF by 6.6% in the 4th quarter. Truist Financial Corp now owns 407,400 shares of the company’s stock worth $20,513,000 after buying an additional 25,083 shares in the last quarter. Private Advisor Group LLC boosted its position in AB Ultra Short Income ETF by 21.8% in the 4th quarter. Private Advisor Group LLC now owns 224,115 shares of the company’s stock valued at $11,284,000 after buying an additional 40,164 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of AB Ultra Short Income ETF by 8.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 179,102 shares of the company’s stock worth $9,018,000 after acquiring an additional 13,306 shares during the last quarter.

AB Ultra Short Income ETF Price Performance

Shares of YEAR opened at $50.57 on Wednesday. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.92. The stock has a 50-day moving average price of $50.49 and a 200 day moving average price of $50.54.

AB Ultra Short Income ETF Company Profile

The Ab Ultra Short Income ETF (YEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides exposure to government and corporate ultra-short-term bonds from the United States. The fund seeks to maintain a dollar-weighted average duration of less than one year.