AB Ultra Short Income ETF (NYSEARCA:YEAR) Sees Unusually-High Trading Volume – What’s Next?

AB Ultra Short Income ETF (NYSEARCA:YEAR) saw an uptick in trading volume on Tuesday . 416,034 shares were traded during trading, an increase of 93% from the previous session’s volume of 215,702 shares.The stock last traded at $50.5250 and had previously closed at $50.51.

AB Ultra Short Income ETF Trading Down 0.1%

The company has a 50-day moving average price of $50.61 and a two-hundred day moving average price of $50.57.

Institutional Trading of AB Ultra Short Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Colonial Trust Advisors bought a new position in shares of AB Ultra Short Income ETF in the second quarter worth $85,000. S.A. Mason LLC purchased a new position in AB Ultra Short Income ETF during the second quarter worth about $119,000. Rothschild Investment LLC increased its stake in AB Ultra Short Income ETF by 256.0% in the 2nd quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock worth $225,000 after acquiring an additional 3,200 shares during the last quarter. Claro Advisors LLC purchased a new stake in shares of AB Ultra Short Income ETF in the 2nd quarter valued at about $243,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of AB Ultra Short Income ETF in the 1st quarter valued at about $307,000.

About AB Ultra Short Income ETF

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.