Commonwealth Equity Services LLC Acquires 5,682 Shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Commonwealth Equity Services LLC lifted its holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 399,623 shares of the company’s stock after purchasing an additional 5,682 shares during the quarter. Commonwealth Equity Services LLC’s holdings in AB Short Duration High Yield ETF were worth $14,255,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. US Bancorp DE acquired a new stake in AB Short Duration High Yield ETF in the 3rd quarter valued at about $27,000. Insigneo Advisory Services LLC grew its stake in shares of AB Short Duration High Yield ETF by 12.2% during 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 last quarter. Howard Financial Services LTD. bought a new stake in shares of AB Short Duration High Yield ETF during the fourth quarter valued at approximately $309,000. D.A. Davidson & CO. increased its holdings in shares of AB Short Duration High Yield ETF by 19.1% in the third quarter. D.A. Davidson & CO. now owns 14,846 shares of the company’s stock valued at $534,000 after purchasing an additional 2,380 shares in the last quarter. Finally, KMG Fiduciary Partners LLC raised its position in AB Short Duration High Yield ETF by 21.9% in the 4th quarter. KMG Fiduciary Partners LLC now owns 23,971 shares of the company’s stock worth $855,000 after purchasing an additional 4,299 shares during the last quarter.

AB Short Duration High Yield ETF Trading Up 0.1 %

Shares of SYFI opened at $35.69 on Tuesday. The business’s fifty day moving average price is $35.95 and its two-hundred day moving average price is $35.82. AB Short Duration High Yield ETF has a 52 week low of $34.82 and a 52 week high of $36.29.

AB Short Duration High Yield ETF Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.