Magnolia Capital Advisors LLC Invests $237,000 in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Magnolia Capital Advisors LLC acquired a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 4,716 shares of the company’s stock, valued at approximately $237,000.

A number of other large investors also recently bought and sold shares of YEAR. Integrated Wealth Concepts LLC raised its stake in shares of AB Ultra Short Income ETF by 20.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after acquiring an additional 801 shares during the period. Laraway Financial Advisors Inc purchased a new position in shares of AB Ultra Short Income ETF during the third quarter worth $366,000. Hilltop Holdings Inc. purchased a new stake in AB Ultra Short Income ETF during the 3rd quarter worth approximately $432,000. Cornerstone Wealth Management LLC increased its stake in AB Ultra Short Income ETF by 15.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,580 shares of the company’s stock worth $538,000 after buying an additional 1,392 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in AB Ultra Short Income ETF during the 2nd quarter worth approximately $614,000.

AB Ultra Short Income ETF Stock Up 0.0 %

AB Ultra Short Income ETF stock opened at $50.56 on Monday. The stock’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $50.58. AB Ultra Short Income ETF has a twelve month low of $50.18 and a twelve month high of $50.92.

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.