Rockefeller Capital Management L.P. lowered its holdings in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report) by 31.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 51,184 shares of the company’s stock after selling 23,243 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in AB Short Duration High Yield ETF were worth $1,839,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in shares of AB Short Duration High Yield ETF by 1.5% during the fourth quarter. UBS Group AG now owns 2,196,535 shares of the company’s stock valued at $78,922,000 after buying an additional 32,838 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of AB Short Duration High Yield ETF by 7.9% in the 3rd quarter. Bank of America Corp DE now owns 1,658,210 shares of the company’s stock valued at $59,911,000 after acquiring an additional 121,176 shares during the last quarter. Royal Bank of Canada boosted its holdings in AB Short Duration High Yield ETF by 39.0% during the 4th quarter. Royal Bank of Canada now owns 1,461,513 shares of the company’s stock valued at $52,513,000 after acquiring an additional 410,370 shares during the period. LPL Financial LLC grew its position in AB Short Duration High Yield ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 1,166,323 shares of the company’s stock worth $41,906,000 after acquiring an additional 20,708 shares during the last quarter. Finally, Wagner Wealth Management LLC increased its stake in AB Short Duration High Yield ETF by 32.7% in the 4th quarter. Wagner Wealth Management LLC now owns 1,126,955 shares of the company’s stock worth $40,491,000 after purchasing an additional 277,538 shares during the period.
AB Short Duration High Yield ETF Price Performance
Shares of AB Short Duration High Yield ETF stock opened at $35.72 on Wednesday. AB Short Duration High Yield ETF has a one year low of $35.11 and a one year high of $36.28. The business’s 50 day simple moving average is $35.72 and its two-hundred day simple moving average is $35.78.
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.
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