SOL Capital Management CO Boosts Stock Position in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

SOL Capital Management CO boosted its holdings in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 7.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 267,188 shares of the company’s stock after acquiring an additional 18,839 shares during the period. AB Short Duration High Yield ETF accounts for about 1.1% of SOL Capital Management CO’s portfolio, making the stock its 24th largest position. SOL Capital Management CO’s holdings in AB Short Duration High Yield ETF were worth $9,531,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SYFI. Envestnet Asset Management Inc. purchased a new stake in shares of AB Short Duration High Yield ETF during the 2nd quarter valued at about $4,067,000. Truist Financial Corp purchased a new stake in AB Short Duration High Yield ETF during the second quarter valued at approximately $5,250,000. Cetera Investment Advisers bought a new stake in shares of AB Short Duration High Yield ETF in the 2nd quarter valued at approximately $7,291,000. KMG Fiduciary Partners LLC purchased a new position in shares of AB Short Duration High Yield ETF in the 3rd quarter worth approximately $707,000. Finally, Raymond James & Associates increased its position in shares of AB Short Duration High Yield ETF by 44.6% during the 3rd quarter. Raymond James & Associates now owns 539,909 shares of the company’s stock valued at $19,410,000 after purchasing an additional 166,632 shares during the last quarter.

AB Short Duration High Yield ETF Stock Performance

NYSEARCA:SYFI opened at $36.14 on Friday. The stock’s fifty day moving average is $35.86 and its 200 day moving average is $35.70. AB Short Duration High Yield ETF has a fifty-two week low of $34.82 and a fifty-two week high of $36.29.