Wagner Wealth Management LLC Has $30.69 Million Stock Position in AB Short Duration High Yield ETF $SYFI

Wagner Wealth Management LLC grew its position in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 80.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 849,417 shares of the company’s stock after purchasing an additional 377,831 shares during the quarter. AB Short Duration High Yield ETF makes up 7.1% of Wagner Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Wagner Wealth Management LLC’s holdings in AB Short Duration High Yield ETF were worth $30,689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its holdings in AB Short Duration High Yield ETF by 1,654.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,015 shares of the company’s stock valued at $36,003,000 after buying an additional 955,288 shares during the last quarter. Bank of America Corp DE grew its holdings in AB Short Duration High Yield ETF by 94.8% during the 2nd quarter. Bank of America Corp DE now owns 1,537,034 shares of the company’s stock worth $55,261,000 after acquiring an additional 747,816 shares during the last quarter. Alliancebernstein L.P. increased its position in AB Short Duration High Yield ETF by 8.4% in the 1st quarter. Alliancebernstein L.P. now owns 4,915,959 shares of the company’s stock valued at $174,713,000 after acquiring an additional 379,233 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in AB Short Duration High Yield ETF in the 2nd quarter valued at approximately $10,656,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of AB Short Duration High Yield ETF by 259.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 302,908 shares of the company’s stock valued at $10,856,000 after acquiring an additional 218,596 shares during the last quarter.

AB Short Duration High Yield ETF Trading Down 0.4%

Shares of NYSEARCA:SYFI opened at $35.93 on Friday. AB Short Duration High Yield ETF has a 52 week low of $33.50 and a 52 week high of $36.29. The firm’s fifty day moving average is $35.91 and its 200-day moving average is $35.93.

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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.