AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 688,853 shares changed hands during mid-day trading, an increase of 239% from the previous session’s volume of 203,391 shares.The stock last traded at $50.35 and had previously closed at $50.35.
AB Ultra Short Income ETF Price Performance
The company’s 50 day moving average is $50.47 and its 200 day moving average is $50.55.
AB Ultra Short Income ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1653 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 2nd.
Institutional Inflows and Outflows
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.
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