NewEdge Advisors LLC Sells 11,218 Shares of AB Ultra Short Income ETF $YEAR

NewEdge Advisors LLC cut its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 29.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,390 shares of the company’s stock after selling 11,218 shares during the period. NewEdge Advisors LLC’s holdings in AB Ultra Short Income ETF were worth $1,383,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of YEAR. Kensington Asset Management LLC grew its holdings in shares of AB Ultra Short Income ETF by 39.6% during the 1st quarter. Kensington Asset Management LLC now owns 719,794 shares of the company’s stock worth $36,332,000 after acquiring an additional 204,197 shares during the period. Bank of America Corp DE lifted its stake in shares of AB Ultra Short Income ETF by 344.0% in the 1st quarter. Bank of America Corp DE now owns 235,501 shares of the company’s stock valued at $11,887,000 after purchasing an additional 182,456 shares during the period. Arkadios Wealth Advisors purchased a new position in shares of AB Ultra Short Income ETF in the 1st quarter valued at approximately $739,000. EverSource Wealth Advisors LLC boosted its position in shares of AB Ultra Short Income ETF by 57.5% during the first quarter. EverSource Wealth Advisors LLC now owns 21,845 shares of the company’s stock valued at $1,103,000 after purchasing an additional 7,974 shares in the last quarter. Finally, Legacy Wealth Advisors LLC boosted its position in shares of AB Ultra Short Income ETF by 1.0% during the first quarter. Legacy Wealth Advisors LLC now owns 77,283 shares of the company’s stock valued at $3,901,000 after purchasing an additional 760 shares in the last quarter.

AB Ultra Short Income ETF Price Performance

Shares of YEAR stock opened at $50.28 on Monday. The business’s fifty day moving average is $50.26 and its 200 day moving average is $50.37. AB Ultra Short Income ETF has a twelve month low of $50.16 and a twelve month high of $50.78.

AB Ultra Short Income ETF Company 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.