Quantum Private Wealth LLC Has $984,000 Stake in AB Ultra Short Income ETF $YEAR

Quantum Private Wealth LLC lessened its position in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 49.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,501 shares of the company’s stock after selling 19,027 shares during the period. Quantum Private Wealth LLC’s holdings in AB Ultra Short Income ETF were worth $984,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of YEAR. Kensington Asset Management LLC increased its stake in shares of AB Ultra Short Income ETF by 396.8% in the third quarter. Kensington Asset Management LLC now owns 497,486 shares of the company’s stock valued at $25,210,000 after buying an additional 397,355 shares during the period. Raymond James Financial Inc. increased its stake in shares of AB Ultra Short Income ETF by 71.6% in the third quarter. Raymond James Financial Inc. now owns 869,953 shares of the company’s stock valued at $44,085,000 after buying an additional 363,083 shares during the period. Citadel Advisors LLC grew its stake in AB Ultra Short Income ETF by 140.4% during the third quarter. Citadel Advisors LLC now owns 88,974 shares of the company’s stock worth $4,509,000 after purchasing an additional 51,967 shares during the period. D.A. Davidson & CO. grew its stake in AB Ultra Short Income ETF by 20.6% during the fourth quarter. D.A. Davidson & CO. now owns 240,446 shares of the company’s stock worth $12,138,000 after purchasing an additional 41,088 shares during the period. Finally, Truist Financial Corp grew its stake in AB Ultra Short Income ETF by 15.1% during the fourth quarter. Truist Financial Corp now owns 250,926 shares of the company’s stock worth $12,667,000 after purchasing an additional 32,990 shares during the period.

AB Ultra Short Income ETF Stock Down 0.0%

NYSEARCA YEAR opened at $50.30 on Wednesday. The business has a 50 day simple moving average of $50.39 and a 200 day simple moving average of $50.50. AB Ultra Short Income ETF has a one year low of $50.26 and a one year high of $50.82.

AB Ultra Short Income ETF 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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.