Envestnet Asset Management Inc. Has $15.05 Million Stock Holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Envestnet Asset Management Inc. boosted its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 13.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 297,922 shares of the company’s stock after buying an additional 34,825 shares during the quarter. Envestnet Asset Management Inc.’s holdings in AB Ultra Short Income ETF were worth $15,050,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. LPL Financial LLC boosted its position in AB Ultra Short Income ETF by 19.7% during the second quarter. LPL Financial LLC now owns 2,638,502 shares of the company’s stock valued at $133,284,000 after purchasing an additional 434,805 shares during the last quarter. BOS Asset Management LLC raised its stake in AB Ultra Short Income ETF by 41.7% in the second quarter. BOS Asset Management LLC now owns 364,654 shares of the company’s stock valued at $18,420,000 after buying an additional 107,379 shares during the period. Osaic Holdings Inc. raised its stake in AB Ultra Short Income ETF by 2.7% in the first quarter. Osaic Holdings Inc. now owns 336,711 shares of the company’s stock valued at $17,011,000 after buying an additional 8,978 shares during the period. Fermata Advisors LLC bought a new stake in AB Ultra Short Income ETF in the second quarter valued at approximately $14,709,000. Finally, Cambridge Investment Research Advisors Inc. raised its stake in AB Ultra Short Income ETF by 18.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 276,778 shares of the company’s stock valued at $13,981,000 after buying an additional 43,833 shares during the period.

AB Ultra Short Income ETF Stock Performance

NYSEARCA:YEAR opened at $50.84 on Wednesday. The stock’s 50 day moving average price is $50.67 and its two-hundred day moving average price is $50.49. AB Ultra Short Income ETF has a 12-month low of $49.90 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.