AB Ultra Short Income ETF $YEAR Shares Sold by BOS Asset Management LLC

BOS Asset Management LLC lessened its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 912,006 shares of the company’s stock after selling 31,053 shares during the period. AB Ultra Short Income ETF accounts for 10.4% of BOS Asset Management LLC’s portfolio, making the stock its largest holding. BOS Asset Management LLC owned about 2.91% of AB Ultra Short Income ETF worth $45,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Kensington Asset Management LLC increased its stake in shares of AB Ultra Short Income ETF by 39.6% in 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 during the period. Bank of America Corp DE increased its position in AB Ultra Short Income ETF by 344.0% in the first quarter. Bank of America Corp DE now owns 235,501 shares of the company’s stock worth $11,887,000 after purchasing an additional 182,456 shares during the period. Citadel Advisors LLC bought a new stake in AB Ultra Short Income ETF during the 2nd quarter worth about $2,146,000. D.A. Davidson & CO. lifted its position in AB Ultra Short Income ETF by 16.0% during the 1st quarter. D.A. Davidson & CO. now owns 278,824 shares of the company’s stock valued at $14,074,000 after purchasing an additional 38,378 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its position in AB Ultra Short Income ETF by 101.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 54,582 shares of the company’s stock valued at $2,748,000 after purchasing an additional 27,526 shares during the period.

AB Ultra Short Income ETF Price Performance

Shares of NYSEARCA:YEAR remained flat at $50.04 during trading on Friday. 48,303 shares of the stock traded hands, compared to its average volume of 168,511. The company’s fifty day moving average is $50.17 and its 200-day moving average is $50.27. AB Ultra Short Income ETF has a 12 month low of $49.94 and a 12 month 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.