Moran Wealth Management LLC Buys New Shares in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Moran Wealth Management LLC bought a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 106,058 shares of the company’s stock, valued at approximately $5,340,000. Moran Wealth Management LLC owned 0.55% of AB Ultra Short Income ETF at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in YEAR. Rothschild Investment LLC purchased a new stake in AB Ultra Short Income ETF in the fourth quarter valued at $38,000. Steward Partners Investment Advisory LLC boosted its holdings in AB Ultra Short Income ETF by 440.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,700 shares of the company’s stock valued at $136,000 after purchasing an additional 2,200 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new stake in AB Ultra Short Income ETF in the fourth quarter valued at $237,000. Integrated Wealth Concepts LLC boosted its holdings in AB Ultra Short Income ETF by 20.2% in the third quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after purchasing an additional 801 shares during the last quarter. Finally, Laraway Financial Advisors Inc purchased a new stake in AB Ultra Short Income ETF in the third quarter valued at $366,000.

AB Ultra Short Income ETF Stock Up 0.0 %

NYSEARCA:YEAR opened at $50.53 on Tuesday. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.92. The firm’s fifty day moving average is $50.45 and its two-hundred day moving average is $50.56.

AB Ultra Short Income ETF 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.