AB Ultra Short Income ETF $YEAR Shares Acquired by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. grew its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 205,427 shares of the company’s stock after purchasing an additional 10,249 shares during the quarter. Ausdal Financial Partners Inc. owned approximately 0.70% of AB Ultra Short Income ETF worth $10,410,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Colonial Trust Advisors purchased a new stake in shares of AB Ultra Short Income ETF in the second quarter valued at $85,000. Rothschild Investment LLC lifted its position in AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock worth $225,000 after buying an additional 3,200 shares during the period. Claro Advisors LLC boosted its stake in AB Ultra Short Income ETF by 12.7% in the 3rd quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock worth $274,000 after buying an additional 611 shares during the last quarter. Leavell Investment Management Inc. boosted its stake in AB Ultra Short Income ETF by 5.0% in the 3rd quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock worth $496,000 after buying an additional 464 shares during the last quarter. Finally, Greenwood Capital Associates LLC purchased a new stake in AB Ultra Short Income ETF in the 3rd quarter valued at about $501,000.

AB Ultra Short Income ETF Stock Performance

YEAR stock opened at $50.42 on Friday. The business has a fifty day simple moving average of $50.52 and a 200-day simple moving average of $50.58. AB Ultra Short Income ETF has a 52 week low of $50.36 and a 52 week high of $50.82.

AB Ultra Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1653 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.