Concurrent Investment Advisors LLC Acquires 27,526 Shares of AB Ultra Short Income ETF $YEAR

Concurrent Investment Advisors LLC grew its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 101.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,582 shares of the company’s stock after acquiring an additional 27,526 shares during the period. Concurrent Investment Advisors LLC’s holdings in AB Ultra Short Income ETF were worth $2,748,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in YEAR. Raymond James Financial Inc. grew its position in shares of AB Ultra Short Income ETF by 71.6% during the third quarter. Raymond James Financial Inc. now owns 869,953 shares of the company’s stock worth $44,085,000 after purchasing an additional 363,083 shares in the last quarter. Kensington Asset Management LLC grew its holdings in AB Ultra Short Income ETF by 39.6% during the 1st quarter. Kensington Asset Management LLC now owns 719,794 shares of the company’s stock valued at $36,332,000 after buying an additional 204,197 shares in the last quarter. Bank of America Corp DE grew its holdings in AB Ultra Short Income ETF by 344.0% during the 1st quarter. Bank of America Corp DE now owns 235,501 shares of the company’s stock valued at $11,887,000 after buying an additional 182,456 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of AB Ultra Short Income ETF by 27.3% during the fourth quarter. Wells Fargo & Company MN now owns 746,404 shares of the company’s stock valued at $37,678,000 after buying an additional 159,927 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of AB Ultra Short Income ETF by 151.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 191,791 shares of the company’s stock valued at $9,682,000 after buying an additional 115,406 shares during the last quarter.

AB Ultra Short Income ETF Price Performance

YEAR stock opened at $50.17 on Wednesday. The company’s fifty day moving average price is $50.25 and its 200-day moving average price is $50.33. AB Ultra Short Income ETF has a one year low of $50.11 and a one year high of $50.73.

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.