AB Short Duration High Yield ETF $SYFI Shares Bought by Next Level Private LLC

Next Level Private LLC raised its holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 132.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 28,751 shares of the company’s stock after acquiring an additional 16,366 shares during the period. Next Level Private LLC’s holdings in AB Short Duration High Yield ETF were worth $1,035,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SYFI. Wagner Wealth Management LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 80.1% in the 3rd quarter. Wagner Wealth Management LLC now owns 849,417 shares of the company’s stock valued at $30,689,000 after buying an additional 377,831 shares during the period. Greenwood Capital Associates LLC acquired a new stake in AB Short Duration High Yield ETF during the third quarter worth about $308,000. CWM LLC raised its position in AB Short Duration High Yield ETF by 1,342.1% during the third quarter. CWM LLC now owns 73,170 shares of the company’s stock valued at $2,644,000 after acquiring an additional 68,096 shares in the last quarter. KMG Fiduciary Partners LLC lifted its holdings in AB Short Duration High Yield ETF by 13.2% in the third quarter. KMG Fiduciary Partners LLC now owns 35,953 shares of the company’s stock valued at $1,299,000 after acquiring an additional 4,196 shares during the period. Finally, MML Investors Services LLC lifted its holdings 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 valued at $700,000 after acquiring an additional 1,483 shares during the period.

AB Short Duration High Yield ETF Price Performance

Shares of NYSEARCA SYFI opened at $35.97 on Friday. The firm’s 50 day simple moving average is $35.90 and its 200-day simple moving average is $35.94. AB Short Duration High Yield ETF has a 12 month low of $33.50 and a 12 month high of $36.29.

AB Short Duration High Yield ETF 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.