AB Short Duration High Yield ETF $SYFI Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC decreased its position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 63.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 72,390 shares of the company’s stock after selling 128,026 shares during the period. Private Advisor Group LLC owned about 0.29% of AB Short Duration High Yield ETF worth $2,571,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. UBS Group AG lifted its position in AB Short Duration High Yield ETF by 1.5% in the fourth quarter. UBS Group AG now owns 2,196,535 shares of the company’s stock valued at $78,922,000 after purchasing an additional 32,838 shares during the period. Bank of America Corp DE increased its position in AB Short Duration High Yield ETF by 7.9% during the 3rd quarter. Bank of America Corp DE now owns 1,658,210 shares of the company’s stock worth $59,911,000 after purchasing an additional 121,176 shares during the period. Royal Bank of Canada increased its position in AB Short Duration High Yield ETF by 39.0% during the 4th quarter. Royal Bank of Canada now owns 1,461,513 shares of the company’s stock worth $52,513,000 after purchasing an additional 410,370 shares during the period. Wagner Wealth Management LLC raised its stake in shares of AB Short Duration High Yield ETF by 9.9% during the 1st quarter. Wagner Wealth Management LLC now owns 1,238,146 shares of the company’s stock worth $43,979,000 after buying an additional 111,191 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 1,166,323 shares of the company’s stock valued at $41,906,000 after buying an additional 20,708 shares during the period.

AB Short Duration High Yield ETF Stock Performance

AB Short Duration High Yield ETF stock opened at $35.65 on Friday. The stock’s 50 day moving average price is $35.69 and its 200 day moving average price is $35.77. AB Short Duration High Yield ETF has a 1-year low of $35.11 and a 1-year high of $36.28.

About AB Short Duration High Yield ETF

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.