Raymond James Financial Inc. purchased a new stake in AB High Yield ETF (NYSEARCA:HYFI – Free Report) during the 4th quarter, Holdings Channel reports. The firm purchased 253,644 shares of the company’s stock, valued at approximately $9,358,000. Raymond James Financial Inc. owned 0.07% of AB High Yield ETF as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. MMA Asset Management LLC acquired a new stake in shares of AB High Yield ETF in the fourth quarter valued at approximately $200,000. Fjell Capital LLC acquired a new stake in shares of AB High Yield ETF in the fourth quarter valued at approximately $3,348,000. Sigma Planning Corp acquired a new stake in shares of AB High Yield ETF in the fourth quarter valued at approximately $206,000. Private Advisor Group LLC grew its position in shares of AB High Yield ETF by 45.6% in the fourth quarter. Private Advisor Group LLC now owns 128,667 shares of the company’s stock valued at $4,747,000 after purchasing an additional 40,275 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in shares of AB High Yield ETF by 10.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 6,494 shares of the company’s stock valued at $241,000 after purchasing an additional 622 shares during the last quarter.
AB High Yield ETF Price Performance
Shares of HYFI opened at $37.03 on Friday. The company’s 50 day simple moving average is $37.21 and its 200 day simple moving average is $37.23. AB High Yield ETF has a 1 year low of $34.94 and a 1 year high of $40.14.
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.
Read More
- Five stocks we like better than AB High Yield ETF
- Consumer Staples Stocks, Explained
- FedEx Delivers Another Crushing Blow to Its Stock Price
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- How to Invest in Small Cap Stocks
- Micron Stock Will Retest All-Time Highs This Year
Want to see what other hedge funds are holding HYFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB High Yield ETF (NYSEARCA:HYFI – Free Report).
Receive News & Ratings for AB High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
