Citadel Advisors LLC boosted its stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report) by 43.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 93,166 shares of the company’s stock after acquiring an additional 28,012 shares during the quarter. Citadel Advisors LLC owned approximately 0.36% of AB Short Duration High Yield ETF worth $3,327,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SYFI. Western Wealth Management LLC acquired a new position in AB Short Duration High Yield ETF during the 1st quarter worth $25,000. Hazlett Burt & Watson Inc. raised its position in shares of AB Short Duration High Yield ETF by 628.7% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 889 shares of the company’s stock worth $31,000 after acquiring an additional 767 shares during the last quarter. Colonial Trust Advisors raised its position in shares of AB Short Duration High Yield ETF by 103.3% during the fourth quarter. Colonial Trust Advisors now owns 3,100 shares of the company’s stock worth $111,000 after acquiring an additional 1,575 shares during the last quarter. World Investment Advisors acquired a new position in shares of AB Short Duration High Yield ETF during the fourth quarter valued at $203,000. Finally, Captrust Financial Advisors acquired a new position in shares of AB Short Duration High Yield ETF during the fourth quarter valued at $216,000.
AB Short Duration High Yield ETF Stock Performance
AB Short Duration High Yield ETF stock opened at $35.51 on Tuesday. The business’s 50-day simple moving average is $35.62 and its 200 day simple moving average is $35.65. AB Short Duration High Yield ETF has a 12-month low of $35.11 and a 12-month high of $36.28.
About AB Short Duration High Yield ETF
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.
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