Panoramic Investment Advisors LLC Takes $514,000 Position in AB Short Duration High Yield ETF $SYFI

Panoramic Investment Advisors LLC bought a new stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,304 shares of the company’s stock, valued at approximately $514,000. Panoramic Investment Advisors LLC owned approximately 0.06% of AB Short Duration High Yield ETF at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. raised its position 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 purchasing an additional 955,288 shares during the last quarter. Jane Street Group LLC raised its position in AB Short Duration High Yield ETF by 384.7% in the 1st quarter. Jane Street Group LLC now owns 86,964 shares of the company’s stock valued at $3,091,000 after purchasing an additional 69,024 shares during the last quarter. Bank of America Corp DE raised its position in AB Short Duration High Yield ETF by 94.8% in the 2nd quarter. Bank of America Corp DE now owns 1,537,034 shares of the company’s stock valued at $55,261,000 after purchasing an additional 747,816 shares during the last quarter. IHT Wealth Management LLC raised its position in AB Short Duration High Yield ETF by 12.9% in the 2nd quarter. IHT Wealth Management LLC now owns 9,391 shares of the company’s stock valued at $338,000 after purchasing an additional 1,073 shares during the last quarter. Finally, MML Investors Services LLC raised its position in AB Short Duration High Yield ETF by 8.2% in the 2nd quarter. MML Investors Services LLC now owns 19,478 shares of the company’s stock valued at $700,000 after purchasing an additional 1,483 shares during the last quarter.

AB Short Duration High Yield ETF Trading Down 0.1%

SYFI stock opened at $35.69 on Friday. The company has a fifty day moving average price of $35.62 and a 200 day moving average price of $35.83. AB Short Duration High Yield ETF has a 12 month low of $35.11 and a 12 month high of $36.28.

AB Short Duration High Yield ETF Company 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.