SageGuard Financial Group LLC Makes New Investment in AB High Yield ETF $HYFI

SageGuard Financial Group LLC bought a new stake in AB High Yield ETF (NYSEARCA:HYFI) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 38,776 shares of the company’s stock, valued at approximately $1,442,000. SageGuard Financial Group LLC owned approximately 0.44% of AB High Yield ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. boosted its stake in shares of AB High Yield ETF by 69.8% during the 4th quarter. Assetmark Inc. now owns 445,950 shares of the company’s stock worth $16,759,000 after acquiring an additional 183,271 shares in the last quarter. Wagner Wealth Management LLC grew its holdings in shares of AB High Yield ETF by 6.9% in the 4th quarter. Wagner Wealth Management LLC now owns 646,526 shares of the company’s stock worth $24,296,000 after acquiring an additional 41,688 shares during the period. NewEdge Advisors LLC increased its stake in AB High Yield ETF by 6,057.8% in the 4th quarter. NewEdge Advisors LLC now owns 5,542 shares of the company’s stock valued at $208,000 after purchasing an additional 5,452 shares in the last quarter. Advisory Resource Group increased its stake in AB High Yield ETF by 6.0% in the 4th quarter. Advisory Resource Group now owns 128,497 shares of the company’s stock valued at $4,829,000 after purchasing an additional 7,320 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in AB High Yield ETF by 55.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 18,928 shares of the company’s stock worth $711,000 after purchasing an additional 6,718 shares during the last quarter.

AB High Yield ETF Stock Performance

HYFI opened at $37.31 on Monday. The business’s fifty day moving average is $37.37 and its two-hundred day moving average is $37.48. AB High Yield ETF has a one year low of $36.64 and a one year high of $38.27.

AB High Yield ETF Company Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.