Nations Financial Group Inc. IA ADV purchased a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 44,352 shares of the company’s stock, valued at approximately $2,233,000.
Other institutional investors also recently modified their holdings of the company. Magnolia Capital Advisors LLC bought a new position in shares of AB Ultra Short Income ETF in the fourth quarter valued at $237,000. Integrated Wealth Concepts LLC raised its stake in AB Ultra Short Income ETF by 20.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after purchasing an additional 801 shares during the period. Laraway Financial Advisors Inc acquired a new stake in AB Ultra Short Income ETF during the 3rd quarter valued at $366,000. Hilltop Holdings Inc. acquired a new stake in AB Ultra Short Income ETF during the 3rd quarter valued at $432,000. Finally, Cornerstone Wealth Management LLC raised its stake in AB Ultra Short Income ETF by 15.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,580 shares of the company’s stock valued at $538,000 after purchasing an additional 1,392 shares during the period.
AB Ultra Short Income ETF Price Performance
Shares of NYSEARCA:YEAR opened at $50.45 on Friday. The company’s fifty day moving average is $50.45 and its two-hundred day moving average is $50.57. AB Ultra Short Income ETF has a 12-month low of $50.10 and a 12-month high of $50.92.
AB Ultra Short Income ETF 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.
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