AB Short Duration High Yield ETF (NYSEARCA:SYFI) Position Boosted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 1.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 399,623 shares of the company’s stock after purchasing an additional 5,682 shares during the quarter. Commonwealth Equity Services LLC’s holdings in AB Short Duration High Yield ETF were worth $14,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. US Bancorp DE purchased a new stake in AB Short Duration High Yield ETF in the 3rd quarter worth approximately $27,000. Insigneo Advisory Services LLC raised its holdings in shares of AB Short Duration High Yield ETF by 12.2% during the third quarter. Insigneo Advisory Services LLC now owns 6,461 shares of the company’s stock worth $232,000 after acquiring an additional 700 shares in the last quarter. Howard Financial Services LTD. acquired a new stake in AB Short Duration High Yield ETF during the fourth quarter valued at $309,000. D.A. Davidson & CO. grew its stake in AB Short Duration High Yield ETF by 19.1% in the third quarter. D.A. Davidson & CO. now owns 14,846 shares of the company’s stock valued at $534,000 after purchasing an additional 2,380 shares in the last quarter. Finally, KMG Fiduciary Partners LLC increased its position in AB Short Duration High Yield ETF by 21.9% in the 4th quarter. KMG Fiduciary Partners LLC now owns 23,971 shares of the company’s stock worth $855,000 after purchasing an additional 4,299 shares during the last quarter.

AB Short Duration High Yield ETF Trading Up 0.1 %

Shares of AB Short Duration High Yield ETF stock opened at $35.69 on Tuesday. The stock has a 50-day simple moving average of $35.95 and a 200-day simple moving average of $35.82. AB Short Duration High Yield ETF has a 52-week low of $34.82 and a 52-week high of $36.29.

About AB Short Duration High Yield ETF

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.