Stonebridge Financial Group LLC MO bought a new stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 105,472 shares of the company’s stock, valued at approximately $3,790,000. AB Short Duration High Yield ETF accounts for about 3.3% of Stonebridge Financial Group LLC MO’s portfolio, making the stock its 4th biggest holding.
Other large investors have also made changes to their positions in the company. Strategic Family Wealth Counselors L.L.C. acquired a new stake in shares of AB Short Duration High Yield ETF during the third quarter valued at $201,000. Centerpoint Advisory Group acquired a new stake in shares of AB Short Duration High Yield ETF during the third quarter valued at $206,000. N.E.W. Advisory Services LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the fourth quarter valued at $273,000. First Heartland Consultants Inc. acquired a new stake in shares of AB Short Duration High Yield ETF during the third quarter valued at $288,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the third quarter valued at $327,000.
AB Short Duration High Yield ETF Stock Down 0.3%
SYFI opened at $35.69 on Wednesday. AB Short Duration High Yield ETF has a 52 week low of $35.11 and a 52 week high of $36.28. The business’s fifty day simple moving average is $35.62 and its 200 day simple moving average is $35.83.
AB Short Duration High Yield ETF Profile
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.
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Want to see what other hedge funds are holding SYFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB Short Duration High Yield ETF (NYSEARCA:SYFI – Free Report).
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