MGO One Seven LLC Grows Position in AB Short Duration High Yield ETF $SYFI

MGO One Seven LLC lifted its position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 13.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 134,129 shares of the company’s stock after purchasing an additional 15,743 shares during the period. MGO One Seven LLC’s holdings in AB Short Duration High Yield ETF were worth $4,846,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Next Level Private LLC raised its holdings in AB Short Duration High Yield ETF by 132.1% during the 3rd quarter. Next Level Private LLC now owns 28,751 shares of the company’s stock valued at $1,035,000 after buying an additional 16,366 shares during the last quarter. Wagner Wealth Management LLC increased its position in shares of AB Short Duration High Yield ETF by 80.1% in the third quarter. Wagner Wealth Management LLC now owns 849,417 shares of the company’s stock valued at $30,689,000 after acquiring an additional 377,831 shares during the period. Greenwood Capital Associates LLC bought a new position in shares of AB Short Duration High Yield ETF during the third quarter valued at about $308,000. CWM LLC boosted its holdings in shares of AB Short Duration High Yield ETF by 1,342.1% during the third quarter. CWM LLC now owns 73,170 shares of the company’s stock worth $2,644,000 after purchasing an additional 68,096 shares during the period. Finally, KMG Fiduciary Partners LLC boosted its holdings in shares of AB Short Duration High Yield ETF by 13.2% during the third quarter. KMG Fiduciary Partners LLC now owns 35,953 shares of the company’s stock worth $1,299,000 after purchasing an additional 4,196 shares during the period.

AB Short Duration High Yield ETF Price Performance

NYSEARCA SYFI opened at $36.01 on Tuesday. AB Short Duration High Yield ETF has a 1 year low of $33.50 and a 1 year high of $36.29. The business’s 50-day moving average is $35.91 and its 200 day moving average is $35.95.

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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.