Truist Financial Corp Invests $5.25 Million in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Truist Financial Corp bought a new position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 149,510 shares of the company’s stock, valued at approximately $5,250,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC bought a new position in AB Short Duration High Yield ETF during the 2nd quarter valued at approximately $65,835,000. NewEdge Advisors LLC purchased a new position in AB Short Duration High Yield ETF during the second quarter valued at $19,664,000. Commonwealth Equity Services LLC bought a new stake in AB Short Duration High Yield ETF during the second quarter valued at about $14,621,000. Raymond James & Associates bought a new stake in AB Short Duration High Yield ETF during the second quarter valued at about $13,107,000. Finally, SOL Capital Management CO bought a new stake in AB Short Duration High Yield ETF during the second quarter valued at about $8,866,000.

AB Short Duration High Yield ETF Trading Down 0.3 %

Shares of SYFI stock opened at $35.62 on Tuesday. AB Short Duration High Yield ETF has a 12-month low of $34.82 and a 12-month high of $36.05. The stock has a 50-day moving average price of $35.59.