AB Ultra Short Income ETF $YEAR Shares Sold by LPL Financial LLC

LPL Financial LLC lessened its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,128,607 shares of the company’s stock after selling 404,918 shares during the quarter. LPL Financial LLC owned about 0.11% of AB Ultra Short Income ETF worth $157,932,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in AB Ultra Short Income ETF by 151.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 191,791 shares of the company’s stock worth $9,682,000 after buying an additional 115,406 shares during the period. Rothschild Investment LLC boosted its position in AB Ultra Short Income ETF by 25.2% in the 4th quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock worth $251,000 after purchasing an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in AB Ultra Short Income ETF in the 4th quarter worth approximately $700,000. Global Retirement Partners LLC purchased a new stake in AB Ultra Short Income ETF in the 4th quarter worth approximately $3,067,000. Finally, Cornerstone Wealth Management LLC boosted its position in AB Ultra Short Income ETF by 55.7% in the 4th quarter. Cornerstone Wealth Management LLC now owns 7,867 shares of the company’s stock worth $397,000 after purchasing an additional 2,814 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

AB Ultra Short Income ETF stock opened at $50.24 on Thursday. AB Ultra Short Income ETF has a 12 month low of $50.21 and a 12 month high of $50.82. The stock’s 50 day simple moving average is $50.35 and its two-hundred day simple moving average is $50.47.

AB Ultra Short Income ETF 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.