AB High Yield ETF (NYSEARCA:HYFI) is Wagner Wealth Management LLC’s 7th Largest Position

Wagner Wealth Management LLC raised its holdings in shares of AB High Yield ETF (NYSEARCA:HYFI) by 14.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 523,281 shares of the company’s stock after purchasing an additional 64,973 shares during the quarter. AB High Yield ETF makes up approximately 5.0% of Wagner Wealth Management LLC’s portfolio, making the stock its 7th largest holding. Wagner Wealth Management LLC owned 0.15% of AB High Yield ETF worth $19,306,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Advisory Resource Group grew its position in AB High Yield ETF by 3.4% in the fourth quarter. Advisory Resource Group now owns 89,777 shares of the company’s stock worth $3,312,000 after acquiring an additional 2,974 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in shares of AB High Yield ETF by 7.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 11,877 shares of the company’s stock worth $438,000 after purchasing an additional 856 shares during the last quarter. Platform Technology Partners increased its position in AB High Yield ETF by 56.1% during the 4th quarter. Platform Technology Partners now owns 20,787 shares of the company’s stock valued at $767,000 after purchasing an additional 7,474 shares during the period. Financial Advocates Investment Management raised its position in shares of AB High Yield ETF by 8.4% in the 4th quarter. Financial Advocates Investment Management now owns 77,720 shares of the company’s stock worth $2,867,000 after acquiring an additional 5,993 shares in the last quarter. Finally, Avaii Wealth Management LLC boosted its holdings in shares of AB High Yield ETF by 3.4% during the 4th quarter. Avaii Wealth Management LLC now owns 15,132 shares of the company’s stock valued at $558,000 after buying an additional 498 shares in the last quarter.

AB High Yield ETF Stock Performance

Shares of NYSEARCA:HYFI opened at $37.17 on Monday. The business has a fifty day moving average price of $37.17 and a 200-day moving average price of $37.17. AB High Yield ETF has a 1-year low of $34.94 and a 1-year high of $38.79.

About AB High Yield ETF

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.