Concurrent Investment Advisors LLC Boosts Holdings in AB Ultra Short Income ETF $YEAR

Concurrent Investment Advisors LLC lifted its position in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 58.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,024 shares of the company’s stock after purchasing an additional 11,037 shares during the period. Concurrent Investment Advisors LLC owned about 0.10% of AB Ultra Short Income ETF worth $1,516,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in YEAR. N.E.W. Advisory Services LLC purchased a new position in shares of AB Ultra Short Income ETF in the fourth quarter worth $73,000. Claro Advisors LLC increased its stake in shares of AB Ultra Short Income ETF by 12.7% in the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock worth $274,000 after buying an additional 611 shares during the period. Next Level Private LLC purchased a new position in shares of AB Ultra Short Income ETF in the fourth quarter worth $351,000. Laraway Financial Advisors Inc increased its stake in shares of AB Ultra Short Income ETF by 9.4% in the third quarter. Laraway Financial Advisors Inc now owns 8,317 shares of the company’s stock worth $421,000 after buying an additional 715 shares during the period. Finally, Leavell Investment Management Inc. increased its stake in shares of AB Ultra Short Income ETF by 5.0% in the third quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock worth $496,000 after buying an additional 464 shares during the period.

AB Ultra Short Income ETF Stock Down 0.1%

Shares of NYSEARCA YEAR opened at $50.42 on Thursday. AB Ultra Short Income ETF has a 52 week low of $50.28 and a 52 week high of $50.82. The firm’s fifty day moving average is $50.44 and its 200 day moving average is $50.53.

About AB Ultra Short Income ETF

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.