Quantum Private Wealth LLC Buys 23,252 Shares of AB Ultra Short Income ETF $YEAR

Quantum Private Wealth LLC boosted its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 152.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,528 shares of the company’s stock after acquiring an additional 23,252 shares during the quarter. Quantum Private Wealth LLC owned 0.13% of AB Ultra Short Income ETF worth $1,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of YEAR. Alliancebernstein L.P. lifted its position in AB Ultra Short Income ETF by 8.6% in the second quarter. Alliancebernstein L.P. now owns 15,007,157 shares of the company’s stock valued at $760,263,000 after purchasing an additional 1,183,032 shares during the last quarter. BOS Asset Management LLC increased its stake in shares of AB Ultra Short Income ETF by 8.6% in the third quarter. BOS Asset Management LLC now owns 900,406 shares of the company’s stock worth $45,628,000 after buying an additional 71,540 shares during the period. Raymond James Financial Inc. increased its stake in shares of AB Ultra Short Income ETF by 9.7% in the second quarter. Raymond James Financial Inc. now owns 506,870 shares of the company’s stock worth $25,678,000 after buying an additional 44,660 shares during the period. Envestnet Asset Management Inc. raised its holdings in AB Ultra Short Income ETF by 101.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 400,580 shares of the company’s stock valued at $20,293,000 after buying an additional 201,618 shares during the last quarter. Finally, Wedbush Securities Inc. purchased a new stake in AB Ultra Short Income ETF during the 2nd quarter valued at $17,840,000.

AB Ultra Short Income ETF Price Performance

Shares of AB Ultra Short Income ETF stock opened at $50.58 on Monday. The company’s fifty day simple moving average is $50.56 and its two-hundred day simple moving average is $50.59. AB Ultra Short Income ETF has a 12-month low of $50.36 and a 12-month high of $50.82.

AB Ultra Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.1709 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, February 2nd.

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.