Envestnet Portfolio Solutions Inc. Purchases 1,208 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

Envestnet Portfolio Solutions Inc. raised its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 8.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,865 shares of the company’s stock after acquiring an additional 1,208 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in AB Ultra Short Income ETF were worth $748,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. MML Investors Services LLC boosted its holdings in AB Ultra Short Income ETF by 1.6% during the third quarter. MML Investors Services LLC now owns 16,268 shares of the company’s stock worth $827,000 after purchasing an additional 252 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of AB Ultra Short Income ETF by 4.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 11,087 shares of the company’s stock worth $558,000 after buying an additional 507 shares during the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of AB Ultra Short Income ETF by 3.7% in 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 in the last quarter. Rothschild Investment LLC acquired a new stake in shares of AB Ultra Short Income ETF in the fourth quarter valued at about $38,000. Finally, Integrated Wealth Concepts LLC raised its holdings in AB Ultra Short Income ETF by 20.2% during the third quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock worth $243,000 after acquiring an additional 801 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

YEAR stock opened at $50.56 on Tuesday. AB Ultra Short Income ETF has a twelve month low of $50.10 and a twelve month high of $50.92. The business has a 50 day moving average price of $50.49 and a two-hundred day moving average price of $50.55.

AB Ultra Short Income ETF Company 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.