RMR Capital Management LLC Boosts Stake in AB Short Duration High Yield ETF $SYFI

RMR Capital Management LLC boosted its holdings in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 26.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,323 shares of the company’s stock after purchasing an additional 26,992 shares during the period. AB Short Duration High Yield ETF comprises 3.3% of RMR Capital Management LLC’s portfolio, making the stock its 4th biggest holding. RMR Capital Management LLC owned about 0.56% of AB Short Duration High Yield ETF worth $4,672,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SYFI. Colonial Trust Advisors acquired a new stake in AB Short Duration High Yield ETF in the 2nd quarter valued at $55,000. Private Trust Co. NA boosted its stake in shares of AB Short Duration High Yield ETF by 41.3% in the 2nd quarter. Private Trust Co. NA now owns 4,955 shares of the company’s stock valued at $178,000 after purchasing an additional 1,448 shares in the last quarter. CWM LLC grew its holdings in shares of AB Short Duration High Yield ETF by 73.4% in the 2nd quarter. CWM LLC now owns 5,074 shares of the company’s stock worth $182,000 after purchasing an additional 2,148 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 2nd quarter worth about $260,000. Finally, Greenwood Capital Associates LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 3rd quarter worth about $308,000.

AB Short Duration High Yield ETF Stock Performance

NYSEARCA:SYFI opened at $36.08 on Thursday. AB Short Duration High Yield ETF has a 12 month low of $33.50 and a 12 month high of $36.29. The company’s 50-day moving average price is $35.98 and its two-hundred day moving average price is $35.97.

About AB Short Duration High Yield ETF

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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.