AB Ultra Short Income ETF (NYSEARCA:YEAR) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lowered its stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 5.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,706,032 shares of the company’s stock after selling 694,790 shares during the quarter. Alliancebernstein L.P. owned about 65.83% of AB Ultra Short Income ETF worth $639,749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of YEAR. LPL Financial LLC grew its stake in AB Ultra Short Income ETF by 10.9% during the 4th quarter. LPL Financial LLC now owns 2,951,236 shares of the company’s stock valued at $148,595,000 after purchasing an additional 289,464 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in AB Ultra Short Income ETF in the fourth quarter valued at approximately $30,321,000. Truist Financial Corp increased its holdings in AB Ultra Short Income ETF by 6.6% in the 4th quarter. Truist Financial Corp now owns 407,400 shares of the company’s stock worth $20,513,000 after buying an additional 25,083 shares during the period. Private Advisor Group LLC raised its position in AB Ultra Short Income ETF by 21.8% during the 4th quarter. Private Advisor Group LLC now owns 224,115 shares of the company’s stock worth $11,284,000 after buying an additional 40,164 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in AB Ultra Short Income ETF by 8.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 179,102 shares of the company’s stock valued at $9,018,000 after acquiring an additional 13,306 shares during the period.

AB Ultra Short Income ETF Stock Up 0.1 %

YEAR stock opened at $50.64 on Monday. AB Ultra Short Income ETF has a 12 month low of $50.10 and a 12 month high of $50.92. The firm’s fifty day simple moving average is $50.50 and its 200-day simple moving average is $50.54.

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.