AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $50.13 and last traded at $50.14, with a volume of 1849 shares trading hands. The stock had previously closed at $50.29.
AB Ultra Short Income ETF Trading Down 0.3%
The stock has a fifty day moving average price of $50.27 and a two-hundred day moving average price of $50.35.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Raymond James Financial Inc. lifted its holdings in AB Ultra Short Income ETF by 9.7% in the second quarter. Raymond James Financial Inc. now owns 506,870 shares of the company’s stock worth $25,678,000 after purchasing an additional 44,660 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of AB Ultra Short Income ETF by 7.7% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 195,178 shares of the company’s stock worth $9,888,000 after purchasing an additional 13,986 shares in the last quarter. Equitable Holdings Inc. lifted its position in shares of AB Ultra Short Income ETF by 42.5% in the third quarter. Equitable Holdings Inc. now owns 17,951 shares of the company’s stock worth $910,000 after buying an additional 5,357 shares during the last quarter. Citadel Advisors LLC grew its stake in shares of AB Ultra Short Income ETF by 140.4% in the third quarter. Citadel Advisors LLC now owns 88,974 shares of the company’s stock worth $4,509,000 after acquiring an additional 51,967 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in AB Ultra Short Income ETF by 21.1% in the 3rd quarter. NewEdge Advisors LLC now owns 42,419 shares of the company’s stock valued at $2,150,000 after buying an additional 7,396 shares in the last quarter.
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.
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