AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as $50.28 and last traded at $50.29, with a volume of 5195 shares trading hands. The stock had previously closed at $50.31.
AB Ultra Short Income ETF Stock Up 0.0%
The company has a fifty day moving average of $50.42 and a two-hundred day moving average of $50.52.
Hedge Funds Weigh In On AB Ultra Short Income ETF
Institutional investors have recently made changes to their positions in the stock. PMG Wealth Management Inc. grew its holdings in AB Ultra Short Income ETF by 0.4% in the 3rd quarter. PMG Wealth Management Inc. now owns 77,553 shares of the company’s stock worth $3,919,000 after buying an additional 304 shares in the last quarter. Comerica Bank grew its holdings in AB Ultra Short Income ETF by 4.1% in the 4th quarter. Comerica Bank now owns 9,026 shares of the company’s stock worth $456,000 after buying an additional 353 shares in the last quarter. USAdvisors Wealth Management LLC grew its holdings in AB Ultra Short Income ETF by 1.6% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 26,461 shares of the company’s stock worth $1,340,000 after buying an additional 427 shares in the last quarter. Leavell Investment Management Inc. grew its holdings in AB Ultra Short Income ETF by 5.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock worth $496,000 after buying an additional 464 shares in the last quarter. Finally, Claro Advisors LLC grew its holdings in AB Ultra Short Income ETF by 12.7% in the 3rd quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock worth $274,000 after buying an additional 611 shares in the last quarter.
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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
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