AB Short Duration High Yield ETF (NYSEARCA:SYFI) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC trimmed its stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 18.7% during the 4th quarter, Holdings Channel reports. The fund owned 36,553 shares of the company’s stock after selling 8,391 shares during the quarter. Gateway Wealth Partners LLC’s holdings in AB Short Duration High Yield ETF were worth $1,304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Alterna Wealth Management Inc. grew its holdings in AB Short Duration High Yield ETF by 1.3% during the third quarter. Alterna Wealth Management Inc. now owns 34,206 shares of the company’s stock worth $1,230,000 after acquiring an additional 453 shares during the period. Insigneo Advisory Services LLC grew its holdings in AB Short Duration High Yield ETF by 12.2% in the third quarter. Insigneo Advisory Services LLC now owns 6,461 shares of the company’s stock valued at $232,000 after purchasing an additional 700 shares during the period. Stifel Financial Corp grew its holdings in AB Short Duration High Yield ETF by 2.1% in the third quarter. Stifel Financial Corp now owns 36,247 shares of the company’s stock valued at $1,303,000 after purchasing an additional 732 shares during the period. US Bancorp DE acquired a new stake in AB Short Duration High Yield ETF in the third quarter valued at approximately $27,000. Finally, Creative Financial Designs Inc. ADV acquired a new stake in AB Short Duration High Yield ETF in the third quarter valued at approximately $45,000.

AB Short Duration High Yield ETF Price Performance

Shares of SYFI opened at $36.28 on Wednesday. AB Short Duration High Yield ETF has a 12 month low of $34.82 and a 12 month high of $36.28. The stock’s 50 day moving average is $35.84 and its two-hundred day moving average is $35.69.