Vise Technologies Inc. increased its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report) by 36.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 92,857 shares of the company’s stock after acquiring an additional 24,930 shares during the quarter. Vise Technologies Inc. owned approximately 0.35% of AB Short Duration High Yield ETF worth $3,244,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of SYFI. Cetera Investment Advisers increased its position in AB Short Duration High Yield ETF by 0.6% during the first quarter. Cetera Investment Advisers now owns 76,663 shares of the company’s stock worth $2,723,000 after buying an additional 471 shares during the last quarter. Western Wealth Management LLC bought a new position in AB Short Duration High Yield ETF in the 1st quarter worth approximately $25,000. Root Financial Partners LLC bought a new position in AB Short Duration High Yield ETF in the 3rd quarter worth approximately $28,000. First Heartland Consultants Inc. lifted its holdings in shares of AB Short Duration High Yield ETF by 12.8% during the second quarter. First Heartland Consultants Inc. now owns 10,061 shares of the company’s stock worth $359,000 after buying an additional 1,142 shares during the last quarter. Finally, Encompass More Asset Management lifted its holdings in shares of AB Short Duration High Yield ETF by 67.6% during the third quarter. Encompass More Asset Management now owns 25,370 shares of the company’s stock worth $886,000 after buying an additional 10,237 shares during the last quarter.
AB Short Duration High Yield ETF Stock Performance
Shares of AB Short Duration High Yield ETF stock opened at $35.11 on Thursday. The company’s fifty day simple moving average is $35.15 and its 200-day simple moving average is $35.57. AB Short Duration High Yield ETF has a 1 year low of $34.60 and a 1 year high of $36.14.
About AB Short Duration High Yield ETF
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.
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