Kingsview Wealth Management LLC Raises Holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Kingsview Wealth Management LLC lifted its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 9.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 152,894 shares of the company’s stock after acquiring an additional 12,973 shares during the period. Kingsview Wealth Management LLC’s holdings in AB Ultra Short Income ETF were worth $7,698,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Magnolia Capital Advisors LLC acquired a new position in AB Ultra Short Income ETF during the 4th quarter valued at approximately $237,000. Integrated Wealth Concepts LLC increased its position 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 AB Ultra Short Income ETF in the 3rd quarter worth $366,000. Hilltop Holdings Inc. acquired a new stake in AB Ultra Short Income ETF during the 3rd quarter worth about $432,000. Finally, Cornerstone Wealth Management LLC grew 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 valued at $538,000 after purchasing an additional 1,392 shares during the last quarter.

AB Ultra Short Income ETF Price Performance

Shares of YEAR stock opened at $50.39 on Friday. AB Ultra Short Income ETF has a fifty-two week low of $50.10 and a fifty-two week high of $50.92. The stock’s 50-day simple moving average is $50.45 and its 200-day simple moving average is $50.58.

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.