AB Short Duration High Yield ETF $SYFI Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. increased its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 36.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,857 shares of the company’s stock after purchasing an additional 24,930 shares during the period. Vise Technologies Inc.’s holdings in AB Short Duration High Yield ETF were worth $3,244,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in AB Short Duration High Yield ETF by 2.4% during the 1st quarter. Royal Bank of Canada now owns 1,496,093 shares of the company’s stock worth $53,142,000 after purchasing an additional 34,580 shares in the last quarter. Bank of America Corp DE grew its holdings in AB Short Duration High Yield ETF by 35.2% in the 1st quarter. Bank of America Corp DE now owns 1,479,552 shares of the company’s stock valued at $52,554,000 after buying an additional 384,835 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in AB Short Duration High Yield ETF by 1,700.2% in the 1st quarter. Arkadios Wealth Advisors now owns 1,299,942 shares of the company’s stock valued at $46,174,000 after buying an additional 1,227,733 shares in the last quarter. NewEdge Advisors LLC increased its position in AB Short Duration High Yield ETF by 2.3% during the 2nd quarter. NewEdge Advisors LLC now owns 957,335 shares of the company’s stock worth $34,191,000 after buying an additional 21,326 shares during the period. Finally, Next Level Private LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 6.6% during the second quarter. Next Level Private LLC now owns 254,563 shares of the company’s stock worth $9,092,000 after buying an additional 15,727 shares in the last quarter.

AB Short Duration High Yield ETF Price Performance

Shares of AB Short Duration High Yield ETF stock opened at $35.11 on Thursday. The firm has a 50-day moving average of $35.15 and a 200-day moving average of $35.57. AB Short Duration High Yield ETF has a 52-week low of $34.60 and a 52-week high of $36.14.

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.