AB Short Duration High Yield ETF $SYFI Shares Bought by RMR Capital Management LLC

RMR Capital Management LLC lifted its position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 26.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,323 shares of the company’s stock after acquiring an additional 26,992 shares during the period. AB Short Duration High Yield ETF makes up approximately 3.3% of RMR Capital Management LLC’s holdings, making the stock its 4th biggest holding. RMR Capital Management LLC’s holdings in AB Short Duration High Yield ETF were worth $4,672,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in AB Short Duration High Yield ETF by 1,654.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,013,015 shares of the company’s stock valued at $36,003,000 after purchasing an additional 955,288 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of AB Short Duration High Yield ETF by 94.8% in the 2nd quarter. Bank of America Corp DE now owns 1,537,034 shares of the company’s stock valued at $55,261,000 after buying an additional 747,816 shares during the period. Wagner Wealth Management LLC increased its position in shares of AB Short Duration High Yield ETF by 80.1% in the 3rd quarter. Wagner Wealth Management LLC now owns 849,417 shares of the company’s stock valued at $30,689,000 after buying an additional 377,831 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new stake in AB Short Duration High Yield ETF during the 2nd quarter worth $10,656,000. Finally, MGO One Seven LLC acquired a new stake in AB Short Duration High Yield ETF during the 2nd quarter worth $4,256,000.

AB Short Duration High Yield ETF Price Performance

NYSEARCA:SYFI opened at $36.08 on Thursday. AB Short Duration High Yield ETF has a 1 year low of $33.50 and a 1 year high of $36.29. The stock has a 50-day moving average price of $35.98 and a two-hundred day moving average price of $35.97.

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.