LPL Financial LLC trimmed its position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,128,607 shares of the company’s stock after selling 404,918 shares during the quarter. LPL Financial LLC owned about 10.86% of AB Ultra Short Income ETF worth $157,932,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new stake in shares of AB Ultra Short Income ETF during the fourth quarter valued at about $73,000. Rothschild Investment LLC lifted its position in shares of AB Ultra Short Income ETF by 25.2% during the fourth quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock valued at $251,000 after buying an additional 1,000 shares during the last quarter. Sun Financial Inc purchased a new stake in shares of AB Ultra Short Income ETF during the fourth quarter valued at about $254,000. Centerpoint Advisory Group purchased a new stake in shares of AB Ultra Short Income ETF during the fourth quarter valued at about $254,000. Finally, Claro Advisors LLC lifted its position in shares of AB Ultra Short Income ETF by 12.7% during the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock valued at $274,000 after buying an additional 611 shares during the last quarter.
AB Ultra Short Income ETF Price Performance
YEAR stock opened at $50.24 on Thursday. The firm has a 50-day simple moving average of $50.35 and a two-hundred day simple moving average of $50.47. AB Ultra Short Income ETF has a one year low of $50.21 and a one year high of $50.82.
AB Ultra Short Income ETF 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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
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