Oppenheimer Asset Management Inc. purchased a new stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 296,373 shares of the company’s stock, valued at approximately $10,656,000. Oppenheimer Asset Management Inc. owned 1.35% of AB Short Duration High Yield ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. CWM LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 1st quarter valued at approximately $104,000. Private Trust Co. NA lifted its position in shares of AB Short Duration High Yield ETF by 41.3% during the 2nd quarter. Private Trust Co. NA now owns 4,955 shares of the company’s stock valued at $178,000 after acquiring an additional 1,448 shares during the period. WPG Advisers LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 1st quarter valued at approximately $185,000. Kingsview Wealth Management LLC lifted its position in shares of AB Short Duration High Yield ETF by 11.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $443,000 after acquiring an additional 1,317 shares during the period. Finally, Next Level Private LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 2nd quarter valued at approximately $445,000.
AB Short Duration High Yield ETF Trading Up 0.2%
SYFI stock opened at $36.05 on Monday. The firm has a 50 day moving average of $36.02 and a 200-day moving average of $35.73. AB Short Duration High Yield ETF has a 12-month low of $33.50 and a 12-month high of $36.29.
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.
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