AB Ultra Short Income ETF (NYSEARCA:YEAR) Shares Purchased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. boosted its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 39.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 156,274 shares of the company’s stock after buying an additional 44,420 shares during the period. AB Ultra Short Income ETF accounts for approximately 0.8% of Ausdal Financial Partners Inc.’s holdings, making the stock its 20th largest holding. Ausdal Financial Partners Inc. owned approximately 0.81% of AB Ultra Short Income ETF worth $7,946,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Lowe Wealth Advisors LLC boosted its stake in AB Ultra Short Income ETF by 3.6% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 22,153 shares of the company’s stock worth $1,126,000 after buying an additional 773 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in AB Ultra Short Income ETF in the 2nd quarter worth about $614,000. Truist Financial Corp boosted its stake in AB Ultra Short Income ETF by 10.8% in the 2nd quarter. Truist Financial Corp now owns 334,003 shares of the company’s stock worth $16,872,000 after buying an additional 32,498 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new stake in AB Ultra Short Income ETF in the 2nd quarter worth about $6,705,000. Finally, Envestnet Asset Management Inc. boosted its stake in AB Ultra Short Income ETF by 13.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock worth $15,050,000 after buying an additional 34,825 shares during the last quarter.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA YEAR traded down $0.08 during midday trading on Friday, hitting $50.57. The stock had a trading volume of 144,537 shares, compared to its average volume of 154,638. AB Ultra Short Income ETF has a 1-year low of $49.92 and a 1-year high of $50.92. The company has a fifty day moving average price of $50.70 and a 200 day moving average price of $50.51.

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.