JGP Wealth Management LLC Makes New $208,000 Investment in AB High Yield ETF $HYFI

JGP Wealth Management LLC bought a new position in AB High Yield ETF (NYSEARCA:HYFI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,550 shares of the company’s stock, valued at approximately $208,000. JGP Wealth Management LLC owned about 0.10% of AB High Yield ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. CWM LLC purchased a new position in shares of AB High Yield ETF during the first quarter valued at approximately $88,000. N.E.W. Advisory Services LLC purchased a new position in shares of AB High Yield ETF during the first quarter valued at approximately $130,000. MMA Asset Management LLC raised its holdings in shares of AB High Yield ETF by 5.9% during the first quarter. MMA Asset Management LLC now owns 5,751 shares of the company’s stock valued at $212,000 after purchasing an additional 321 shares during the last quarter. Comerica Bank raised its holdings in shares of AB High Yield ETF by 132.0% during the first quarter. Comerica Bank now owns 5,828 shares of the company’s stock valued at $215,000 after purchasing an additional 3,316 shares during the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of AB High Yield ETF by 12.1% during the first quarter. Sigma Planning Corp now owns 6,245 shares of the company’s stock valued at $230,000 after purchasing an additional 675 shares during the last quarter.

AB High Yield ETF Price Performance

HYFI opened at $37.56 on Wednesday. The firm has a 50 day moving average price of $37.72 and a 200-day moving average price of $37.16. AB High Yield ETF has a twelve month low of $34.74 and a twelve month high of $40.14.

AB High Yield ETF Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.