Ausdal Financial Partners Inc. lifted its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 13.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 177,212 shares of the company’s stock after acquiring an additional 20,938 shares during the quarter. AB Ultra Short Income ETF comprises about 0.8% of Ausdal Financial Partners Inc.’s investment portfolio, making the stock its 25th largest position. Ausdal Financial Partners Inc.’s holdings in AB Ultra Short Income ETF were worth $8,923,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Rothschild Investment LLC acquired a new stake in AB Ultra Short Income ETF during the 4th quarter worth about $38,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of AB Ultra Short Income ETF by 440.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,700 shares of the company’s stock worth $136,000 after purchasing an additional 2,200 shares during the period. Magnolia Capital Advisors LLC purchased a new position in AB Ultra Short Income ETF during the fourth quarter valued at approximately $237,000. Integrated Wealth Concepts LLC increased its stake in AB Ultra Short Income ETF by 20.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after buying an additional 801 shares during the period. Finally, Laraway Financial Advisors Inc purchased a new stake in AB Ultra Short Income ETF in the 3rd quarter worth approximately $366,000.
AB Ultra Short Income ETF Stock Performance
AB Ultra Short Income ETF stock opened at $50.57 on Wednesday. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.92. The company’s fifty day simple moving average is $50.49 and its 200-day simple moving average is $50.54.
AB Ultra Short Income ETF Company 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.
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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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