Mariner LLC Purchases 253,526 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

Mariner LLC grew its position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 515.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 302,684 shares of the company’s stock after acquiring an additional 253,526 shares during the period. Mariner LLC’s holdings in AB Ultra Short Income ETF were worth $15,240,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in AB Ultra Short Income ETF during the 4th quarter valued at about $30,321,000. LPL Financial LLC increased its stake in shares of AB Ultra Short Income ETF by 10.9% during the fourth quarter. LPL Financial LLC now owns 2,951,236 shares of the company’s stock valued at $148,595,000 after buying an additional 289,464 shares during the period. Moran Wealth Management LLC purchased a new position in shares of AB Ultra Short Income ETF during the fourth quarter valued at approximately $5,340,000. PMG Wealth Management Inc. bought a new position in shares of AB Ultra Short Income ETF during the fourth quarter valued at approximately $3,422,000. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in AB Ultra Short Income ETF in the fourth quarter worth $2,233,000.

AB Ultra Short Income ETF Price Performance

Shares of AB Ultra Short Income ETF stock opened at $50.55 on Thursday. AB Ultra Short Income ETF has a 12-month low of $50.10 and a 12-month high of $50.92. The company’s fifty day simple moving average is $50.51 and its two-hundred day simple moving average is $50.52.

AB Ultra Short Income ETF 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.