AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $50.13 and last traded at $50.14, with a volume of 1849 shares changing hands. The stock had previously closed at $50.29.
AB Ultra Short Income ETF Price Performance
The firm has a 50 day moving average of $50.27 and a two-hundred day moving average of $50.35.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the business. Comerica Bank grew its position in AB Ultra Short Income ETF by 4.1% in the 4th quarter. Comerica Bank now owns 9,026 shares of the company’s stock worth $456,000 after purchasing an additional 353 shares in the last quarter. Legacy Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 760 shares during the period. Rothschild Investment LLC lifted its stake in shares of AB Ultra Short Income ETF by 25.2% in the fourth quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock worth $251,000 after buying an additional 1,000 shares in the last quarter. Colonial Trust Advisors boosted its stake in shares of AB Ultra Short Income ETF by 59.7% during the 4th quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock worth $135,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its stake in AB Ultra Short Income ETF by 2.5% during the first quarter. Sanctuary Advisors LLC now owns 47,691 shares of the company’s stock valued at $2,407,000 after acquiring an additional 1,183 shares in the last quarter.
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.
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