Magnolia Capital Advisors LLC Buys Shares of 4,716 AB Ultra Short Income ETF (NYSEARCA:YEAR)

Magnolia Capital Advisors LLC acquired a new position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,716 shares of the company’s stock, valued at approximately $237,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC increased its position in shares of AB Ultra Short Income ETF by 20.2% during the third quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock worth $243,000 after purchasing an additional 801 shares in the last quarter. Laraway Financial Advisors Inc acquired a new stake in AB Ultra Short Income ETF during the 3rd quarter valued at approximately $366,000. Hilltop Holdings Inc. acquired a new stake in shares of AB Ultra Short Income ETF in the third quarter worth $432,000. Cornerstone Wealth Management LLC lifted its position in AB Ultra Short Income ETF by 15.2% during the third quarter. Cornerstone Wealth Management LLC now owns 10,580 shares of the company’s stock valued at $538,000 after purchasing an additional 1,392 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in AB Ultra Short Income ETF in the second quarter valued at $614,000.

AB Ultra Short Income ETF Trading Up 0.0 %

NYSEARCA YEAR opened at $50.56 on Monday. The stock has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.58. AB Ultra Short Income ETF has a fifty-two week low of $50.18 and a fifty-two week high of $50.92.

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.