AB Ultra Short Income ETF (NYSEARCA:YEAR) Shares Bought by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. raised its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,345 shares of the company’s stock after purchasing an additional 543 shares during the period. Great Valley Advisor Group Inc. owned 0.08% of AB Ultra Short Income ETF worth $780,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC increased its position 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 valued at $135,338,000 after buying an additional 23,270 shares in the last quarter. BOS Asset Management LLC increased its holdings in shares of AB Ultra Short Income ETF by 102.5% during the third quarter. BOS Asset Management LLC now owns 738,334 shares of the company’s stock valued at $37,541,000 after acquiring an additional 373,680 shares in the last quarter. Truist Financial Corp raised its position in shares of AB Ultra Short Income ETF by 10.8% in the 2nd quarter. Truist Financial Corp now owns 334,003 shares of the company’s stock valued at $16,872,000 after purchasing an additional 32,498 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in AB Ultra Short Income ETF by 13.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock worth $15,050,000 after purchasing an additional 34,825 shares in the last quarter. Finally, Fermata Advisors LLC purchased a new stake in AB Ultra Short Income ETF during the 2nd quarter worth approximately $14,709,000.

AB Ultra Short Income ETF Stock Performance

Shares of AB Ultra Short Income ETF stock opened at $50.61 on Tuesday. The firm’s 50 day simple moving average is $50.63 and its two-hundred day simple moving average is $50.56. AB Ultra Short Income ETF has a 12-month low of $50.17 and a 12-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.