LPL Financial LLC Buys 23,270 Shares of AB Ultra Short Income ETF (NYSEARCA:YEAR)

LPL Financial LLC lifted its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 0.9% in the third quarter, HoldingsChannel.com reports. The firm owned 2,661,772 shares of the company’s stock after purchasing an additional 23,270 shares during the quarter. LPL Financial LLC owned about 0.14% of AB Ultra Short Income ETF worth $135,338,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Unique Wealth Strategies LLC bought a new stake in shares of AB Ultra Short Income ETF during the second quarter worth $82,000. Cozad Asset Management Inc. acquired a new position in AB Ultra Short Income ETF during the 2nd quarter valued at about $223,000. HB Wealth Management LLC bought a new position in shares of AB Ultra Short Income ETF in the 2nd quarter valued at about $535,000. Cornerstone Wealth Management LLC grew its position in shares of AB Ultra Short Income ETF by 15.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,580 shares of the company’s stock worth $538,000 after buying an additional 1,392 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF during the second quarter worth approximately $614,000.

AB Ultra Short Income ETF Price Performance

Shares of YEAR stock opened at $50.57 on Friday. The firm’s 50 day moving average price is $50.63 and its two-hundred day moving average price is $50.56. AB Ultra Short Income ETF has a 52-week low of $50.17 and a 52-week high of $50.92.

AB Ultra Short Income ETF 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.