Concurrent Investment Advisors LLC Sells 385 Shares of AB Ultra Short Income ETF $YEAR

Concurrent Investment Advisors LLC trimmed its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 3.2% during the second quarter, HoldingsChannel reports. The firm owned 11,467 shares of the company’s stock after selling 385 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in AB Ultra Short Income ETF were worth $581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in YEAR. Alliancebernstein L.P. raised its stake in shares of AB Ultra Short Income ETF by 8.8% during the 1st quarter. Alliancebernstein L.P. now owns 13,824,125 shares of the company’s stock worth $699,639,000 after purchasing an additional 1,118,093 shares during the period. Wagner Wealth Management LLC raised its stake in shares of AB Ultra Short Income ETF by 9,882.2% during the 2nd quarter. Wagner Wealth Management LLC now owns 793,289 shares of the company’s stock worth $40,188,000 after purchasing an additional 785,342 shares during the period. LPL Financial LLC raised its stake in shares of AB Ultra Short Income ETF by 6.6% during the 1st quarter. LPL Financial LLC now owns 3,145,456 shares of the company’s stock worth $159,192,000 after purchasing an additional 194,220 shares during the period. Private Advisor Group LLC raised its stake in shares of AB Ultra Short Income ETF by 46.5% during the 1st quarter. Private Advisor Group LLC now owns 328,279 shares of the company’s stock worth $16,614,000 after purchasing an additional 104,164 shares during the period. Finally, BOS Asset Management LLC raised its stake in shares of AB Ultra Short Income ETF by 13.2% during the 1st quarter. BOS Asset Management LLC now owns 875,669 shares of the company’s stock worth $44,318,000 after purchasing an additional 102,011 shares during the period.

AB Ultra Short Income ETF Trading Up 0.1%

NYSEARCA YEAR opened at $50.69 on Friday. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.82. The business’s fifty day moving average is $50.61 and its 200-day moving average is $50.55.

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.