AB Ultra Short Income ETF $YEAR Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 36.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 57,658 shares of the company’s stock after selling 32,695 shares during the period. Kestra Advisory Services LLC’s holdings in AB Ultra Short Income ETF were worth $2,910,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. raised its position in AB Ultra Short Income ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 869,953 shares of the company’s stock valued at $44,085,000 after purchasing an additional 363,083 shares during the period. Wells Fargo & Company MN lifted its stake in AB Ultra Short Income ETF by 27.3% during the fourth quarter. Wells Fargo & Company MN now owns 746,404 shares of the company’s stock worth $37,678,000 after purchasing an additional 159,927 shares in the last quarter. Kensington Asset Management LLC boosted its position in shares of AB Ultra Short Income ETF by 3.6% during the fourth quarter. Kensington Asset Management LLC now owns 515,597 shares of the company’s stock worth $26,136,000 after buying an additional 18,111 shares during the period. IHT Wealth Management LLC boosted its position in shares of AB Ultra Short Income ETF by 2.1% during the fourth quarter. IHT Wealth Management LLC now owns 421,433 shares of the company’s stock worth $21,274,000 after buying an additional 8,714 shares during the period. Finally, Private Advisor Group LLC grew its stake in shares of AB Ultra Short Income ETF by 2.8% in the first quarter. Private Advisor Group LLC now owns 310,368 shares of the company’s stock valued at $15,666,000 after buying an additional 8,340 shares in the last quarter.

AB Ultra Short Income ETF Trading Up 0.0%

YEAR stock opened at $50.27 on Friday. The business’s fifty day moving average price is $50.28 and its 200 day moving average price is $50.41. AB Ultra Short Income ETF has a 12-month low of $50.17 and a 12-month high of $50.82.

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.