N.E.W. Advisory Services LLC Sells 3,202 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

N.E.W. Advisory Services LLC decreased its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 12.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,231 shares of the company’s stock after selling 3,202 shares during the period. N.E.W. Advisory Services LLC owned 0.12% of AB Ultra Short Income ETF worth $1,123,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Kingsview Wealth Management LLC grew its holdings in shares of AB Ultra Short Income ETF by 4.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 118,100 shares of the company’s stock valued at $5,939,000 after acquiring an additional 4,963 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of AB Ultra Short Income ETF by 868.8% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 242,676 shares of the company’s stock worth $12,204,000 after acquiring an additional 217,628 shares during the period. D.A. Davidson & CO. bought a new stake in shares of AB Ultra Short Income ETF during the fourth quarter worth approximately $4,366,000. ADAR1 Capital Management LLC bought a new stake in shares of AB Ultra Short Income ETF during the fourth quarter worth approximately $503,000. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of AB Ultra Short Income ETF by 13.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 10,599 shares of the company’s stock worth $535,000 after acquiring an additional 1,243 shares during the period.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA:YEAR opened at $50.64 on Friday. AB Ultra Short Income ETF has a 12-month low of $49.90 and a 12-month high of $50.80. The business has a 50 day moving average of $50.58 and a 200-day moving average of $50.46.

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.