LPL Financial LLC Grows Stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

LPL Financial LLC lifted its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,961,046 shares of the company’s stock after buying an additional 55,857 shares during the period. LPL Financial LLC’s holdings in AB Short Duration High Yield ETF were worth $69,950,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Insigneo Advisory Services LLC grew its position in AB Short Duration High Yield ETF by 12.2% in the third quarter. Insigneo Advisory Services LLC now owns 6,461 shares of the company’s stock valued at $232,000 after acquiring an additional 700 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in AB Short Duration High Yield ETF by 4.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,506 shares of the company’s stock valued at $232,000 after purchasing an additional 282 shares in the last quarter. Howard Financial Services LTD. purchased a new stake in AB Short Duration High Yield ETF during the 4th quarter worth $309,000. D.A. Davidson & CO. lifted its holdings in AB Short Duration High Yield ETF by 19.1% in the 3rd quarter. D.A. Davidson & CO. now owns 14,846 shares of the company’s stock worth $534,000 after buying an additional 2,380 shares in the last quarter. Finally, KMG Fiduciary Partners LLC boosted 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 valued at $855,000 after buying an additional 4,299 shares during the last quarter.

AB Short Duration High Yield ETF Stock Performance

Shares of AB Short Duration High Yield ETF stock opened at $35.68 on Thursday. AB Short Duration High Yield ETF has a 1-year low of $34.82 and a 1-year high of $36.29. The business has a 50-day moving average of $35.94 and a 200-day moving average of $35.83.

AB Short Duration High Yield ETF Profile

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.