Stratos Wealth Partners LTD. boosted its stake in AB High Yield ETF (NYSEARCA:HYFI – Free Report) by 27.9% in the second quarter, HoldingsChannel reports. The firm owned 87,443 shares of the company’s stock after acquiring an additional 19,094 shares during the period. Stratos Wealth Partners LTD.’s holdings in AB High Yield ETF were worth $3,277,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in HYFI. CWM LLC bought a new stake in AB High Yield ETF in the first quarter valued at about $88,000. N.E.W. Advisory Services LLC bought a new stake in AB High Yield ETF in the first quarter valued at about $130,000. JGP Wealth Management LLC bought a new stake in AB High Yield ETF in the second quarter valued at about $208,000. MMA Asset Management LLC increased its holdings in AB High Yield ETF by 5.9% in the first quarter. MMA Asset Management LLC now owns 5,751 shares of the company’s stock valued at $212,000 after purchasing an additional 321 shares during the last quarter. Finally, Comerica Bank increased its holdings in AB High Yield ETF by 132.0% in the first quarter. Comerica Bank now owns 5,828 shares of the company’s stock valued at $215,000 after purchasing an additional 3,316 shares during the last quarter.
AB High Yield ETF Stock Performance
Shares of AB High Yield ETF stock opened at $37.74 on Monday. AB High Yield ETF has a 1 year low of $34.74 and a 1 year high of $40.14. The business has a 50-day moving average of $37.73 and a two-hundred day moving average of $37.19.
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.
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