LPL Financial LLC Has $133.28 Million Stock Position in AB Ultra Short Income ETF (NYSEARCA:YEAR)

LPL Financial LLC raised its position in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 19.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,638,502 shares of the company’s stock after purchasing an additional 434,805 shares during the quarter. LPL Financial LLC owned approximately 13.67% of AB Ultra Short Income ETF worth $133,284,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Fermata Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF in the 2nd quarter valued at approximately $14,709,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of AB Ultra Short Income ETF by 868.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 242,676 shares of the company’s stock worth $12,204,000 after purchasing an additional 217,628 shares during the last quarter. BOS Asset Management LLC raised its holdings in shares of AB Ultra Short Income ETF by 41.7% during the 2nd quarter. BOS Asset Management LLC now owns 364,654 shares of the company’s stock valued at $18,420,000 after purchasing an additional 107,379 shares in the last quarter. D.A. Davidson & CO. acquired a new stake in shares of AB Ultra Short Income ETF in the 4th quarter valued at $4,366,000. Finally, Private Advisor Group LLC boosted its holdings in AB Ultra Short Income ETF by 44.0% in the second quarter. Private Advisor Group LLC now owns 105,086 shares of the company’s stock worth $5,308,000 after purchasing an additional 32,129 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

NYSEARCA YEAR opened at $50.73 on Friday. AB Ultra Short Income ETF has a fifty-two week low of $49.90 and a fifty-two week high of $50.80. The stock’s 50-day moving average is $50.61 and its two-hundred day moving average is $50.47.

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.