MGO One Seven LLC Invests $791,000 in AB Ultra Short Income ETF $YEAR

MGO One Seven LLC acquired a new position in AB Ultra Short Income ETF (NYSEARCA:YEAR) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,600 shares of the company’s stock, valued at approximately $791,000. MGO One Seven LLC owned approximately 0.05% of AB Ultra Short Income ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its position in AB Ultra Short Income ETF by 11.5% during the 3rd quarter. D.A. Davidson & CO. now owns 199,358 shares of the company’s stock worth $10,102,000 after acquiring an additional 20,525 shares during the period. BOS Asset Management LLC raised its stake in shares of AB Ultra Short Income ETF by 8.6% during the third quarter. BOS Asset Management LLC now owns 900,406 shares of the company’s stock valued at $45,628,000 after purchasing an additional 71,540 shares in the last quarter. Greenwood Capital Associates LLC acquired a new stake in AB Ultra Short Income ETF in the third quarter worth about $501,000. Osaic Holdings Inc. grew its position in AB Ultra Short Income ETF by 29.2% in the 2nd quarter. Osaic Holdings Inc. now owns 221,518 shares of the company’s stock valued at $11,225,000 after buying an additional 50,047 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in AB Ultra Short Income ETF by 7.7% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 195,178 shares of the company’s stock valued at $9,888,000 after buying an additional 13,986 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

YEAR stock opened at $50.54 on Friday. AB Ultra Short Income ETF has a 52 week low of $50.10 and a 52 week high of $50.82. The firm’s 50-day moving average is $50.58 and its two-hundred day moving average is $50.58.

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.