Wagner Wealth Management LLC Has $24.58 Million Position in AB High Yield ETF $HYFI

Wagner Wealth Management LLC boosted its holdings in AB High Yield ETF (NYSEARCA:HYFI) by 2.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 660,984 shares of the company’s stock after buying an additional 14,458 shares during the quarter. AB High Yield ETF accounts for 5.0% of Wagner Wealth Management LLC’s holdings, making the stock its 7th largest position. Wagner Wealth Management LLC owned approximately 0.08% of AB High Yield ETF worth $24,582,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. SageGuard Financial Group LLC acquired a new stake in shares of AB High Yield ETF during the 1st quarter valued at $1,442,000. Anderson Financial Strategies LLC boosted its stake in shares of AB High Yield ETF by 1.7% during the 4th quarter. Anderson Financial Strategies LLC now owns 234,943 shares of the company’s stock worth $8,829,000 after acquiring an additional 3,997 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of AB High Yield ETF by 6,057.8% in the 4th quarter. NewEdge Advisors LLC now owns 5,542 shares of the company’s stock worth $208,000 after acquiring an additional 5,452 shares during the last quarter. Captrust Financial Advisors grew its holdings in shares of AB High Yield ETF by 37.5% in the 4th quarter. Captrust Financial Advisors now owns 12,128 shares of the company’s stock worth $456,000 after acquiring an additional 3,308 shares during the last quarter. Finally, MML Investors Services LLC acquired a new stake in shares of AB High Yield ETF during the fourth quarter worth $688,000.

AB High Yield ETF Stock Down 0.1%

Shares of NYSEARCA HYFI opened at $37.34 on Wednesday. AB High Yield ETF has a 12 month low of $36.64 and a 12 month high of $38.27. The business has a fifty day simple moving average of $37.36 and a 200-day simple moving average of $37.47.

AB High Yield ETF Company Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.