AB Short Duration High Yield ETF $SYFI Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors cut its holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 18.9% during the second quarter, Holdings Channel reports. The institutional investor owned 75,764 shares of the company’s stock after selling 17,610 shares during the period. Arkadios Wealth Advisors’ holdings in AB Short Duration High Yield ETF were worth $2,724,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SYFI. D.A. Davidson & CO. raised its stake in AB Short Duration High Yield ETF by 35.9% in the first quarter. D.A. Davidson & CO. now owns 60,711 shares of the company’s stock valued at $2,158,000 after buying an additional 16,035 shares in the last quarter. Huntleigh Advisors Inc. raised its stake in AB Short Duration High Yield ETF by 5.7% in the first quarter. Huntleigh Advisors Inc. now owns 253,627 shares of the company’s stock valued at $9,014,000 after buying an additional 13,674 shares in the last quarter. Capital Investment Advisory Services LLC raised its stake in AB Short Duration High Yield ETF by 8.0% in the first quarter. Capital Investment Advisory Services LLC now owns 69,713 shares of the company’s stock valued at $2,478,000 after buying an additional 5,144 shares in the last quarter. CWM LLC acquired a new stake in AB Short Duration High Yield ETF in the first quarter valued at $104,000. Finally, Kingsview Wealth Management LLC lifted its position in shares of AB Short Duration High Yield ETF by 11.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 12,471 shares of the company’s stock worth $443,000 after buying an additional 1,317 shares during the last quarter.

AB Short Duration High Yield ETF Stock Performance

Shares of NYSEARCA:SYFI opened at $35.96 on Friday. AB Short Duration High Yield ETF has a twelve month low of $33.50 and a twelve month high of $36.29. The firm has a 50 day simple moving average of $36.04 and a 200-day simple moving average of $35.76.

AB Short Duration High Yield ETF Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.