PNC Financial Services Group Inc. Trims Position in AB Short Duration High Yield ETF $SYFI

PNC Financial Services Group Inc. decreased its holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 25.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,754 shares of the company’s stock after selling 15,409 shares during the quarter. PNC Financial Services Group Inc. owned about 0.20% of AB Short Duration High Yield ETF worth $1,609,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of AB Short Duration High Yield ETF by 259.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 302,908 shares of the company’s stock valued at $10,856,000 after buying an additional 218,596 shares during the period. Private Trust Co. NA lifted its holdings in AB Short Duration High Yield ETF by 41.3% in the second quarter. Private Trust Co. NA now owns 4,955 shares of the company’s stock worth $178,000 after buying an additional 1,448 shares during the period. Raymond James Financial Inc. grew its holdings in shares of AB Short Duration High Yield ETF by 1.1% during the 1st quarter. Raymond James Financial Inc. now owns 938,257 shares of the company’s stock worth $33,346,000 after acquiring an additional 10,423 shares during the period. Alliancebernstein L.P. grew its holdings in shares of 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 acquiring an additional 379,233 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of AB Short Duration High Yield ETF by 82.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 45,061 shares of the company’s stock worth $1,601,000 after acquiring an additional 20,326 shares in the last quarter.

AB Short Duration High Yield ETF Stock Performance

SYFI opened at $35.74 on Thursday. AB Short Duration High Yield ETF has a 52 week low of $33.50 and a 52 week high of $36.29. The business has a 50 day moving average of $35.96 and a 200-day moving average of $35.83.

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.