Corient Private Wealth LLC trimmed its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 49.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,897 shares of the company’s stock after selling 8,685 shares during the period. Corient Private Wealth LLC’s holdings in AB Ultra Short Income ETF were worth $448,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the business. Rothschild Investment LLC acquired a new position in AB Ultra Short Income ETF during the fourth quarter worth $38,000. Steward Partners Investment Advisory LLC lifted its stake in shares of AB Ultra Short Income ETF by 440.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,700 shares of the company’s stock valued at $136,000 after purchasing an additional 2,200 shares during the period. Magnolia Capital Advisors LLC purchased a new stake in AB Ultra Short Income ETF during the fourth quarter worth about $237,000. Integrated Wealth Concepts LLC grew its position 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 buying an additional 801 shares during the period. Finally, Laraway Financial Advisors Inc purchased a new position in AB Ultra Short Income ETF in the third quarter valued at about $366,000.
AB Ultra Short Income ETF Price Performance
Shares of NYSEARCA:YEAR opened at $50.64 on Friday. The business’s 50 day simple moving average is $50.50 and its 200-day simple moving average is $50.54. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.92.
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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