Commonwealth Equity Services LLC Has $912,000 Position in AB High Yield ETF (NYSEARCA:HYFI)

Commonwealth Equity Services LLC boosted its position in shares of AB High Yield ETF (NYSEARCA:HYFI) by 100.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,054 shares of the company’s stock after buying an additional 12,553 shares during the quarter. Commonwealth Equity Services LLC’s holdings in AB High Yield ETF were worth $912,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its holdings in AB High Yield ETF by 28.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,311 shares of the company’s stock valued at $339,000 after acquiring an additional 2,077 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new position in AB High Yield ETF during the 4th quarter valued at about $280,000. Kingsview Wealth Management LLC bought a new position in shares of AB High Yield ETF in the 4th quarter valued at about $288,000. Platform Technology Partners acquired a new stake in shares of AB High Yield ETF during the 4th quarter worth approximately $386,000. Finally, Financial Advocates Investment Management raised its stake in shares of AB High Yield ETF by 87.6% during the second quarter. Financial Advocates Investment Management now owns 63,385 shares of the company’s stock worth $2,308,000 after buying an additional 29,606 shares during the last quarter.

AB High Yield ETF Stock Up 0.1 %

Shares of HYFI stock opened at $37.43 on Wednesday. The firm’s 50 day moving average price is $36.95 and its two-hundred day moving average price is $36.59. AB High Yield ETF has a 52-week low of $33.83 and a 52-week high of $38.58.

About AB High Yield ETF

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.