IHT Wealth Management LLC Acquires New Holdings in AB High Yield ETF (NYSEARCA:HYFI)

IHT Wealth Management LLC bought a new position in AB High Yield ETF (NYSEARCA:HYFI) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 114,895 shares of the company’s stock, valued at approximately $4,321,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HYFI. Platform Technology Partners increased its holdings in shares of AB High Yield ETF by 22.9% in the third quarter. Platform Technology Partners now owns 13,313 shares of the company’s stock worth $501,000 after acquiring an additional 2,480 shares in the last quarter. Financial Advocates Investment Management increased its stake in AB High Yield ETF by 13.2% during the 3rd quarter. Financial Advocates Investment Management now owns 71,727 shares of the company’s stock worth $2,698,000 after purchasing an additional 8,342 shares in the last quarter. Private Advisor Group LLC raised its holdings in AB High Yield ETF by 192.7% during the 3rd quarter. Private Advisor Group LLC now owns 88,392 shares of the company’s stock worth $3,324,000 after buying an additional 58,196 shares during the period. Good Life Advisors LLC bought a new position in AB High Yield ETF in the third quarter valued at approximately $317,000. Finally, Wagner Wealth Management LLC lifted its stake in AB High Yield ETF by 7.8% in the third quarter. Wagner Wealth Management LLC now owns 458,308 shares of the company’s stock valued at $17,237,000 after buying an additional 33,099 shares in the last quarter.

AB High Yield ETF Price Performance

Shares of HYFI stock opened at $37.34 on Wednesday. AB High Yield ETF has a 12-month low of $34.94 and a 12-month high of $38.58. The firm has a fifty day moving average of $37.30 and a 200-day moving average of $36.96.

AB High Yield ETF Company 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.