Alliancebernstein L.P. Purchases 108,702 Shares of AB High Yield ETF (NYSEARCA:HYFI)

Alliancebernstein L.P. raised its position in AB High Yield ETF (NYSEARCA:HYFI) by 65.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 273,684 shares of the company’s stock after acquiring an additional 108,702 shares during the period. Alliancebernstein L.P. owned approximately 0.08% of AB High Yield ETF worth $10,098,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of HYFI. Jane Street Group LLC acquired a new stake in AB High Yield ETF in the third quarter worth about $265,000. JPMorgan Chase & Co. purchased a new position in shares of AB High Yield ETF in the 3rd quarter valued at approximately $463,000. Avaii Wealth Management LLC boosted its stake in AB High Yield ETF by 3.4% in the 4th quarter. Avaii Wealth Management LLC now owns 15,132 shares of the company’s stock worth $558,000 after purchasing an additional 498 shares in the last quarter. Financial Advocates Investment Management grew its position in AB High Yield ETF by 8.4% during the 4th quarter. Financial Advocates Investment Management now owns 77,720 shares of the company’s stock worth $2,867,000 after purchasing an additional 5,993 shares during the last quarter. Finally, Platform Technology Partners increased its stake in AB High Yield ETF by 56.1% during the 4th quarter. Platform Technology Partners now owns 20,787 shares of the company’s stock valued at $767,000 after purchasing an additional 7,474 shares in the last quarter.

AB High Yield ETF Stock Down 1.2 %

NYSEARCA HYFI opened at $35.62 on Friday. AB High Yield ETF has a 12-month low of $34.74 and a 12-month high of $40.14. The company has a fifty day simple moving average of $36.90 and a two-hundred day simple moving average of $37.12.

AB High Yield ETF Profile

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.