Concurrent Investment Advisors LLC Buys 11,037 Shares of AB Ultra Short Income ETF $YEAR

Concurrent Investment Advisors LLC boosted its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 58.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,024 shares of the company’s stock after acquiring an additional 11,037 shares during the period. Concurrent Investment Advisors LLC’s holdings in AB Ultra Short Income ETF were worth $1,516,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in YEAR. N.E.W. Advisory Services LLC bought a new stake in AB Ultra Short Income ETF in the fourth quarter valued at $73,000. Claro Advisors LLC lifted its position in AB Ultra Short Income ETF by 12.7% during the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock valued at $274,000 after buying an additional 611 shares during the period. Next Level Private LLC purchased a new position in AB Ultra Short Income ETF during the fourth quarter valued at $351,000. Laraway Financial Advisors Inc lifted its position in AB Ultra Short Income ETF by 9.4% during the third quarter. Laraway Financial Advisors Inc now owns 8,317 shares of the company’s stock valued at $421,000 after buying an additional 715 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in AB Ultra Short Income ETF by 5.0% during the third quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock valued at $496,000 after buying an additional 464 shares during the period.

AB Ultra Short Income ETF Price Performance

Shares of AB Ultra Short Income ETF stock opened at $50.42 on Thursday. The business has a fifty day simple moving average of $50.44 and a two-hundred day simple moving average of $50.53. AB Ultra Short Income ETF has a 12 month low of $50.28 and a 12 month high of $50.82.

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.