Stratos Wealth Partners LTD. Makes New Investment in AB Short Duration High Yield ETF $SYFI

Stratos Wealth Partners LTD. bought a new position in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 27,871 shares of the company’s stock, valued at approximately $1,002,000.

Several other hedge funds have also recently bought and sold shares of the stock. Alliancebernstein L.P. raised its holdings in AB Short Duration High Yield ETF by 8.4% during the 1st quarter. Alliancebernstein L.P. now owns 4,915,959 shares of the company’s stock worth $174,713,000 after buying an additional 379,233 shares during the period. Goldman Sachs Group Inc. raised its holdings in AB Short Duration High Yield ETF by 1,654.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,015 shares of the company’s stock worth $36,003,000 after buying an additional 955,288 shares during the period. Raymond James Financial Inc. raised its holdings in shares of AB Short Duration High Yield ETF by 1.1% in the first quarter. Raymond James Financial Inc. now owns 938,257 shares of the company’s stock valued at $33,346,000 after purchasing an additional 10,423 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of AB Short Duration High Yield ETF by 8.5% in the first quarter. NewEdge Advisors LLC now owns 734,246 shares of the company’s stock valued at $26,095,000 after purchasing an additional 57,777 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of AB Short Duration High Yield ETF by 19.5% in the first quarter. Commonwealth Equity Services LLC now owns 477,590 shares of the company’s stock valued at $16,974,000 after purchasing an additional 77,967 shares during the last quarter.

AB Short Duration High Yield ETF Trading Down 0.1%

NYSEARCA SYFI opened at $35.96 on Wednesday. AB Short Duration High Yield ETF has a 12-month low of $33.50 and a 12-month high of $36.29. The firm’s 50 day moving average is $36.02 and its 200-day moving average is $35.69.

About AB Short Duration High Yield ETF

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.