Stonebridge Financial Group LLC MO Makes New Investment in AB Short Duration High Yield ETF $SYFI

Stonebridge Financial Group LLC MO acquired a new position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 105,472 shares of the company’s stock, valued at approximately $3,790,000. AB Short Duration High Yield ETF makes up 3.3% of Stonebridge Financial Group LLC MO’s portfolio, making the stock its 4th biggest holding. Stonebridge Financial Group LLC MO owned about 0.44% of AB Short Duration High Yield ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the business. Centerpoint Advisory Group raised its position in AB Short Duration High Yield ETF by 11.8% in the fourth quarter. Centerpoint Advisory Group now owns 6,370 shares of the company’s stock worth $229,000 after acquiring an additional 670 shares in the last quarter. First Heartland Consultants Inc. raised its position in AB Short Duration High Yield ETF by 11.9% in the fourth quarter. First Heartland Consultants Inc. now owns 8,913 shares of the company’s stock worth $320,000 after acquiring an additional 951 shares in the last quarter. IHT Wealth Management LLC raised its position in AB Short Duration High Yield ETF by 12.9% in the second quarter. IHT Wealth Management LLC now owns 9,391 shares of the company’s stock worth $338,000 after acquiring an additional 1,073 shares in the last quarter. Truist Financial Corp raised its position in AB Short Duration High Yield ETF by 1.0% in the third quarter. Truist Financial Corp now owns 135,950 shares of the company’s stock worth $4,912,000 after acquiring an additional 1,395 shares in the last quarter. Finally, MML Investors Services LLC raised its position in AB Short Duration High Yield ETF by 8.2% in the second quarter. MML Investors Services LLC now owns 19,478 shares of the company’s stock worth $700,000 after acquiring an additional 1,483 shares in the last quarter.

AB Short Duration High Yield ETF Trading Down 0.3%

NYSEARCA:SYFI opened at $35.69 on Wednesday. The stock has a fifty day moving average price of $35.62 and a two-hundred day moving average price of $35.83. AB Short Duration High Yield ETF has a 1 year low of $35.11 and a 1 year high of $36.28.

AB Short Duration High Yield ETF Company Profile

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.