D.A. Davidson & CO. lifted its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 16.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 278,824 shares of the company’s stock after purchasing an additional 38,378 shares during the quarter. D.A. Davidson & CO. owned about 0.96% of AB Ultra Short Income ETF worth $14,074,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of YEAR. N.E.W. Advisory Services LLC purchased a new position in AB Ultra Short Income ETF during the 4th quarter worth $73,000. Wagner Wealth Management LLC purchased a new position in shares of AB Ultra Short Income ETF during the 1st quarter worth approximately $127,000. Colonial Trust Advisors boosted its stake in shares of AB Ultra Short Income ETF by 59.7% in the fourth quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock valued at $135,000 after buying an additional 1,000 shares in the last quarter. Rothschild Investment LLC grew its holdings in 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 worth $251,000 after acquiring an additional 1,000 shares during the period. Finally, Sun Financial Inc purchased a new stake in shares of AB Ultra Short Income ETF during the 4th quarter worth $254,000.
AB Ultra Short Income ETF Trading Down 0.0%
Shares of NYSEARCA YEAR opened at $50.25 on Friday. The firm has a 50-day moving average price of $50.29 and a 200 day moving average price of $50.41. AB Ultra Short Income ETF has a 52 week low of $50.17 and a 52 week high of $50.82.
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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
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