Platform Technology Partners increased its position in shares of AB High Yield ETF (NYSEARCA:HYFI – Free Report) by 22.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,313 shares of the company’s stock after acquiring an additional 2,480 shares during the period. Platform Technology Partners owned approximately 0.38% of AB High Yield ETF worth $501,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Financial Advocates Investment Management grew its stake in shares of AB High Yield ETF by 13.2% in the 3rd quarter. Financial Advocates Investment Management now owns 71,727 shares of the company’s stock worth $2,698,000 after purchasing an additional 8,342 shares during the last quarter. Private Advisor Group LLC boosted its holdings in AB High Yield ETF by 192.7% during the third quarter. Private Advisor Group LLC now owns 88,392 shares of the company’s stock worth $3,324,000 after buying an additional 58,196 shares in the last quarter. Good Life Advisors LLC acquired a new position in AB High Yield ETF in the third quarter worth approximately $317,000. Wagner Wealth Management LLC increased its holdings in shares of AB High Yield ETF by 7.8% in the third quarter. Wagner Wealth Management LLC now owns 458,308 shares of the company’s stock valued at $17,237,000 after buying an additional 33,099 shares in the last quarter. Finally, CWM LLC acquired a new stake in shares of AB High Yield ETF during the 3rd quarter valued at $72,000.
AB High Yield ETF Stock Performance
Shares of NYSEARCA HYFI opened at $37.36 on Tuesday. The stock’s fifty day simple moving average is $37.30 and its 200 day simple moving average is $36.85. AB High Yield ETF has a 52-week low of $34.67 and a 52-week high of $38.58.
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.
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