AB Ultra Short Income ETF $YEAR Position Cut by Welch Financial Planning LLC

Welch Financial Planning LLC lowered its position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 77.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,224 shares of the company’s stock after selling 25,459 shares during the quarter. Welch Financial Planning LLC’s holdings in AB Ultra Short Income ETF were worth $362,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Kensington Asset Management LLC boosted its position in shares of AB Ultra Short Income ETF by 39.6% during the first quarter. Kensington Asset Management LLC now owns 719,794 shares of the company’s stock worth $36,332,000 after purchasing an additional 204,197 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of AB Ultra Short Income ETF by 16.0% in the 1st quarter. D.A. Davidson & CO. now owns 278,824 shares of the company’s stock valued at $14,074,000 after buying an additional 38,378 shares in the last quarter. Bank of America Corp DE increased its position in shares of AB Ultra Short Income ETF by 344.0% in the 1st quarter. Bank of America Corp DE now owns 235,501 shares of the company’s stock valued at $11,887,000 after buying an additional 182,456 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in AB Ultra Short Income ETF during the 3rd quarter worth $5,432,000. Finally, Legacy Wealth Advisors LLC raised its stake in AB Ultra Short Income ETF by 1.0% during the 1st quarter. Legacy Wealth Advisors LLC now owns 77,283 shares of the company’s stock worth $3,901,000 after buying an additional 760 shares during the period.

AB Ultra Short Income ETF Trading Down 0.0%

YEAR stock opened at $50.03 on Friday. The business’s 50-day moving average price is $50.09 and its two-hundred day moving average price is $50.29. AB Ultra Short Income ETF has a 1-year low of $49.94 and a 1-year high of $50.70.

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.