AB High Yield ETF (NYSEARCA:HYFI) Trading 0.2% Higher

Shares of AB High Yield ETF (NYSEARCA:HYFI) shot up 0.2% on Friday . The stock traded as high as $36.18 and last traded at $36.10. 40,445 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 32,857 shares. The stock had previously closed at $36.04.

AB High Yield ETF Price Performance

The company has a 50-day moving average price of $36.40 and a two-hundred day moving average price of $35.94.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of AB High Yield ETF in the 4th quarter worth about $39,000. Envestnet Portfolio Solutions Inc. bought a new stake in AB High Yield ETF in the 4th quarter valued at about $211,000. Vestmark Advisory Solutions Inc. bought a new stake in AB High Yield ETF in the 4th quarter valued at about $261,000. Raymond James & Associates bought a new stake in AB High Yield ETF in the 4th quarter valued at about $267,000. Finally, Gladstone Institutional Advisory LLC bought a new stake in AB High Yield ETF in the 4th quarter valued at about $280,000.

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.