13,989 AB Ultra Short Income ETF $YEAR Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. trimmed its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 4.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 287,007 shares of the company’s stock after selling 13,989 shares during the period. D.A. Davidson & CO.’s holdings in AB Ultra Short Income ETF were worth $14,373,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in YEAR. Flagship Harbor Advisors LLC boosted its stake in AB Ultra Short Income ETF by 8.5% in the third quarter. Flagship Harbor Advisors LLC now owns 47,334 shares of the company’s stock worth $2,370,000 after buying an additional 3,691 shares in the last quarter. Centerpoint Advisory Group bought a new position in AB Ultra Short Income ETF in the third quarter worth about $218,000. Citadel Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF during the 2nd quarter valued at $2,146,000. Concurrent Investment Advisors LLC grew its stake in shares of AB Ultra Short Income ETF by 101.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 54,582 shares of the company’s stock worth $2,748,000 after buying an additional 27,526 shares during the last quarter. Finally, Cooper Financial Group boosted its stake in AB Ultra Short Income ETF by 11.4% in the 2nd quarter. Cooper Financial Group now owns 72,257 shares of the company’s stock worth $3,637,000 after purchasing an additional 7,405 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA YEAR opened at $50.19 on Friday. AB Ultra Short Income ETF has a twelve month low of $49.94 and a twelve month high of $50.70. The company has a 50 day moving average of $50.13 and a 200 day moving average of $50.31.

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.