AB Ultra Short Income ETF (NYSEARCA:YEAR) Shares Purchased by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. lifted its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 39.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 156,274 shares of the company’s stock after buying an additional 44,420 shares during the quarter. AB Ultra Short Income ETF makes up 0.8% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 20th biggest position. Ausdal Financial Partners Inc.’s holdings in AB Ultra Short Income ETF were worth $7,946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of YEAR. LPL Financial LLC increased its position in AB Ultra Short Income ETF by 19.7% in the second quarter. LPL Financial LLC now owns 2,638,502 shares of the company’s stock worth $133,284,000 after buying an additional 434,805 shares during the period. BOS Asset Management LLC lifted its position in AB Ultra Short Income ETF by 41.7% in the 2nd quarter. BOS Asset Management LLC now owns 364,654 shares of the company’s stock valued at $18,420,000 after purchasing an additional 107,379 shares during the last quarter. Osaic Holdings Inc. boosted its stake in AB Ultra Short Income ETF by 2.7% during the 1st quarter. Osaic Holdings Inc. now owns 336,711 shares of the company’s stock valued at $17,011,000 after purchasing an additional 8,978 shares during the period. Truist Financial Corp grew its position in 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 worth $16,872,000 after purchasing an additional 32,498 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of AB Ultra Short Income ETF by 13.2% in the second quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock valued at $15,050,000 after purchasing an additional 34,825 shares during the period.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA YEAR traded down $0.08 during midday trading on Friday, hitting $50.57. 144,537 shares of the company’s stock were exchanged, compared to its average volume of 154,638. AB Ultra Short Income ETF has a twelve month low of $49.92 and a twelve month high of $50.92. The stock’s 50 day moving average price is $50.70 and its 200-day moving average price is $50.51.

About AB Ultra Short Income ETF

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.