Raymond James & Associates Has $5.82 Million Position in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Raymond James & Associates raised its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 371.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,434 shares of the company’s stock after acquiring an additional 90,155 shares during the period. Raymond James & Associates owned approximately 0.59% of AB Ultra Short Income ETF worth $5,818,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in AB Ultra Short Income ETF by 19.7% in the second quarter. LPL Financial LLC now owns 2,638,502 shares of the company’s stock valued at $133,284,000 after purchasing an additional 434,805 shares during the last quarter. BOS Asset Management LLC grew its position in AB Ultra Short Income ETF by 102.5% in the 3rd quarter. BOS Asset Management LLC now owns 738,334 shares of the company’s stock worth $37,541,000 after purchasing an additional 373,680 shares in the last quarter. Osaic Holdings Inc. raised its position in AB Ultra Short Income ETF by 2.7% in the first quarter. Osaic Holdings Inc. now owns 336,711 shares of the company’s stock worth $17,011,000 after acquiring an additional 8,978 shares during the period. Truist Financial Corp boosted its position in AB Ultra Short Income ETF by 10.8% during the second quarter. Truist Financial Corp now owns 334,003 shares of the company’s stock worth $16,872,000 after purchasing an additional 32,498 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of AB Ultra Short Income ETF by 13.2% during the second quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock valued at $15,050,000 after buying an additional 34,825 shares during the period.

AB Ultra Short Income ETF Stock Up 0.1 %

Shares of YEAR stock opened at $50.66 on Friday. The business has a 50-day moving average price of $50.70 and a two-hundred day moving average price of $50.54. AB Ultra Short Income ETF has a 12-month low of $49.92 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.