Moran Wealth Management LLC Invests $5.34 Million in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Moran Wealth Management LLC acquired a new position in shares of AB Ultra Short Income ETF (NYSEARCA:YEARFree Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 106,058 shares of the company’s stock, valued at approximately $5,340,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of YEAR. Leavell Investment Management Inc. raised its stake in AB Ultra Short Income ETF by 13.4% during the 3rd quarter. Leavell Investment Management Inc. now owns 15,044 shares of the company’s stock worth $765,000 after acquiring an additional 1,782 shares in the last quarter. LPL Financial LLC raised its stake in AB Ultra Short Income ETF by 0.9% during the 3rd quarter. LPL Financial LLC now owns 2,661,772 shares of the company’s stock worth $135,338,000 after acquiring an additional 23,270 shares in the last quarter. Great Valley Advisor Group Inc. raised its stake in AB Ultra Short Income ETF by 3.7% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 15,345 shares of the company’s stock worth $780,000 after acquiring an additional 543 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in AB Ultra Short Income ETF by 17.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 139,921 shares of the company’s stock worth $7,114,000 after acquiring an additional 21,155 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in AB Ultra Short Income ETF by 6.9% during the 3rd quarter. D.A. Davidson & CO. now owns 148,536 shares of the company’s stock worth $7,552,000 after acquiring an additional 9,525 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

NYSEARCA YEAR opened at $50.53 on Tuesday. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.92. The firm’s fifty day moving average is $50.45 and its two-hundred day moving average is $50.56.

About AB Ultra Short Income ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding YEAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB Ultra Short Income ETF (NYSEARCA:YEARFree Report).

Institutional Ownership by Quarter for AB Ultra Short Income ETF (NYSEARCA:YEAR)

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