D.A. Davidson & CO. Raises Position in AB Ultra Short Income ETF $YEAR

D.A. Davidson & CO. raised its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 5.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,833 shares of the company’s stock after purchasing an additional 8,890 shares during the period. D.A. Davidson & CO. owned 0.61% of AB Ultra Short Income ETF worth $9,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in YEAR. S.A. Mason LLC purchased a new stake in AB Ultra Short Income ETF during the second quarter valued at approximately $119,000. MMA Asset Management LLC bought a new position in shares of AB Ultra Short Income ETF during the first quarter valued at approximately $264,000. Belpointe Asset Management LLC bought a new position in shares of AB Ultra Short Income ETF during the first quarter valued at approximately $307,000. Guerra Advisors Inc bought a new position in shares of AB Ultra Short Income ETF during the first quarter valued at approximately $345,000. Finally, Laraway Financial Advisors Inc grew its stake in shares of AB Ultra Short Income ETF by 19.8% during the first quarter. Laraway Financial Advisors Inc now owns 8,631 shares of the company’s stock valued at $437,000 after buying an additional 1,425 shares during the last quarter.

AB Ultra Short Income ETF Stock Up 0.0%

YEAR opened at $50.69 on Thursday. The stock’s 50 day moving average price is $50.62 and its 200-day moving average price is $50.55. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.82.

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.