BOS Asset Management LLC Cuts Stake in AB Ultra Short Income ETF $YEAR

BOS Asset Management LLC lessened its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 3.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 912,006 shares of the company’s stock after selling 31,053 shares during the quarter. AB Ultra Short Income ETF accounts for 10.4% of BOS Asset Management LLC’s holdings, making the stock its biggest position. BOS Asset Management LLC’s holdings in AB Ultra Short Income ETF were worth $45,673,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Legacy Wealth Advisors LLC raised its holdings in shares of AB Ultra Short Income ETF by 1.0% during the first quarter. Legacy Wealth Advisors LLC now owns 77,283 shares of the company’s stock worth $3,901,000 after acquiring an additional 760 shares during the period. Sanctuary Advisors LLC boosted its stake in AB Ultra Short Income ETF by 2.5% in the 1st quarter. Sanctuary Advisors LLC now owns 47,691 shares of the company’s stock worth $2,407,000 after purchasing an additional 1,183 shares during the period. Wagner Wealth Management LLC bought a new position in AB Ultra Short Income ETF during the 1st quarter worth about $127,000. Next Level Private LLC increased its holdings in AB Ultra Short Income ETF by 45.5% during the 1st quarter. Next Level Private LLC now owns 10,122 shares of the company’s stock worth $511,000 after purchasing an additional 3,163 shares in the last quarter. Finally, Cooper Financial Group raised its stake in shares of AB Ultra Short Income ETF by 11.4% in the 2nd quarter. Cooper Financial Group now owns 72,257 shares of the company’s stock valued at $3,637,000 after purchasing an additional 7,405 shares during the period.

AB Ultra Short Income ETF Price Performance

Shares of AB Ultra Short Income ETF stock remained flat at $50.04 during trading on Friday. The stock had a trading volume of 48,303 shares, compared to its average volume of 168,511. The business’s 50 day simple moving average is $50.17 and its two-hundred day simple moving average is $50.27. AB Ultra Short Income ETF has a 12 month low of $49.94 and a 12 month high of $50.73.

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.