MONECO Advisors LLC Sells 1,983 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

MONECO Advisors LLC lowered its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 14.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,038 shares of the company’s stock after selling 1,983 shares during the quarter. MONECO Advisors LLC owned 0.06% of AB Ultra Short Income ETF worth $606,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Magnolia Capital Advisors LLC bought a new position in AB Ultra Short Income ETF in the 4th quarter valued at $237,000. Integrated Wealth Concepts LLC grew its stake in AB Ultra Short Income ETF by 20.2% in 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 bought a new position in AB Ultra Short Income ETF in the 3rd quarter valued at $366,000. Hilltop Holdings Inc. bought a new position in AB Ultra Short Income ETF in the 3rd quarter valued at $432,000. Finally, Quantum Private Wealth LLC grew its stake in AB Ultra Short Income ETF by 24.2% in the 4th quarter. Quantum Private Wealth LLC now owns 10,272 shares of the company’s stock valued at $517,000 after purchasing an additional 2,002 shares during the period.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA:YEAR opened at $50.53 on Tuesday. The business has a fifty day moving average price of $50.44 and a two-hundred day moving average price of $50.57. AB Ultra Short Income ETF has a 1 year low of $50.10 and a 1 year 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.