Global Retirement Partners LLC acquired a new position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 60,750 shares of the company’s stock, valued at approximately $3,067,000.
Several other institutional investors have also recently added to or reduced their stakes in YEAR. N.E.W. Advisory Services LLC bought a new position in AB Ultra Short Income ETF during the 4th quarter valued at about $73,000. Sun Financial Inc acquired a new stake in shares of AB Ultra Short Income ETF during the 4th quarter worth approximately $254,000. Centerpoint Advisory Group acquired a new stake in shares of AB Ultra Short Income ETF during the 4th quarter worth approximately $254,000. Claro Advisors LLC boosted its stake in AB Ultra Short Income ETF by 12.7% during the 3rd quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock worth $274,000 after acquiring an additional 611 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in AB Ultra Short Income ETF during the 4th quarter worth approximately $308,000.
AB Ultra Short Income ETF Price Performance
AB Ultra Short Income ETF stock opened at $50.33 on Friday. The company’s 50 day simple moving average is $50.38 and its 200 day simple moving average is $50.50. AB Ultra Short Income ETF has a fifty-two week low of $50.26 and a fifty-two week high of $50.82.
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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
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Want to see what other hedge funds are holding YEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report).
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