SageGuard Financial Group LLC Makes New Investment in AB High Yield ETF $HYFI

SageGuard Financial Group LLC purchased a new stake in AB High Yield ETF (NYSEARCA:HYFI) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 38,776 shares of the company’s stock, valued at approximately $1,442,000.

Several other large investors have also modified their holdings of HYFI. Assetmark Inc. increased its stake in shares of AB High Yield ETF by 69.8% during the 4th quarter. Assetmark Inc. now owns 445,950 shares of the company’s stock worth $16,759,000 after purchasing an additional 183,271 shares in the last quarter. Wagner Wealth Management LLC raised its position in shares of AB High Yield ETF by 6.9% during the 4th quarter. Wagner Wealth Management LLC now owns 646,526 shares of the company’s stock worth $24,296,000 after purchasing an additional 41,688 shares during the last quarter. Anderson Financial Strategies LLC lifted its stake in AB High Yield ETF by 1.7% in the 4th quarter. Anderson Financial Strategies LLC now owns 234,943 shares of the company’s stock valued at $8,829,000 after buying an additional 3,997 shares in the last quarter. Advisory Resource Group lifted its stake in AB High Yield ETF by 6.0% in the 4th quarter. Advisory Resource Group now owns 128,497 shares of the company’s stock valued at $4,829,000 after buying an additional 7,320 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in AB High Yield ETF by 55.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 18,928 shares of the company’s stock valued at $711,000 after buying an additional 6,718 shares in the last quarter.

AB High Yield ETF Stock Performance

Shares of NYSEARCA:HYFI opened at $37.31 on Monday. The business’s fifty day moving average price is $37.37 and its two-hundred day moving average price is $37.48. AB High Yield ETF has a one year low of $36.64 and a one year high of $38.27.

AB High Yield ETF Profile

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.