Oppenheimer Asset Management Inc. Sells 1,626 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

Oppenheimer Asset Management Inc. cut its position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 1.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 94,559 shares of the company’s stock after selling 1,626 shares during the period. Oppenheimer Asset Management Inc. owned approximately 0.49% of AB Ultra Short Income ETF worth $4,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Leavell Investment Management Inc. grew its position in AB Ultra Short Income ETF by 13.4% in the 3rd quarter. Leavell Investment Management Inc. now owns 15,044 shares of the company’s stock valued at $765,000 after acquiring an additional 1,782 shares during the last quarter. Cozad Asset Management Inc. grew its holdings in shares of AB Ultra Short Income ETF by 198.2% in the third quarter. Cozad Asset Management Inc. now owns 13,165 shares of the company’s stock worth $669,000 after purchasing an additional 8,750 shares during the last quarter. MONECO Advisors LLC purchased a new position in AB Ultra Short Income ETF in the 3rd quarter worth about $713,000. Private Advisor Group LLC lifted its holdings in AB Ultra Short Income ETF by 75.0% during the 3rd quarter. Private Advisor Group LLC now owns 183,951 shares of the company’s stock valued at $9,353,000 after buying an additional 78,865 shares in the last quarter. Finally, Trilogy Capital Inc. boosted its position in AB Ultra Short Income ETF by 6.5% in the 3rd quarter. Trilogy Capital Inc. now owns 30,276 shares of the company’s stock valued at $1,539,000 after buying an additional 1,851 shares during the period.

AB Ultra Short Income ETF Stock Down 0.0 %

Shares of NYSEARCA:YEAR opened at $50.48 on Friday. The firm’s 50 day simple moving average is $50.65 and its 200-day simple moving average is $50.55. AB Ultra Short Income ETF has a one year low of $50.11 and a one year high of $50.92.

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.