Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 424,291 shares traded hands during trading, an increase of 188% from the previous session’s volume of 147,225 shares.The stock last traded at $50.52 and had previously closed at $50.52.
AB Ultra Short Income ETF Stock Performance
The company has a fifty day moving average of $50.48 and a two-hundred day moving average of $50.55.
Institutional Investors Weigh In On AB Ultra Short Income ETF
Hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of AB Ultra Short Income ETF by 0.9% during the third quarter. LPL Financial LLC now owns 2,661,772 shares of the company’s stock valued at $135,338,000 after buying an additional 23,270 shares during the last quarter. Great Valley Advisor Group Inc. boosted its holdings in AB Ultra Short Income ETF by 3.7% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 15,345 shares of the company’s stock valued at $780,000 after acquiring an additional 543 shares during the period. Kingsview Wealth Management LLC grew its position in AB Ultra Short Income ETF by 17.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 139,921 shares of the company’s stock valued at $7,114,000 after acquiring an additional 21,155 shares during the last quarter. D.A. Davidson & CO. grew its position in AB Ultra Short Income ETF by 6.9% in the 3rd quarter. D.A. Davidson & CO. now owns 148,536 shares of the company’s stock valued at $7,552,000 after acquiring an additional 9,525 shares during the last quarter. Finally, Flow Traders U.S. LLC increased its stake in AB Ultra Short Income ETF by 168.5% in the third quarter. Flow Traders U.S. LLC now owns 22,653 shares of the company’s stock worth $1,152,000 after purchasing an additional 14,215 shares during the period.
About AB Ultra Short Income ETF
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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