HB Wealth Management LLC Purchases Shares of 10,599 AB Ultra Short Income ETF (NYSEARCA:YEAR)

HB Wealth Management LLC acquired a new position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,599 shares of the company’s stock, valued at approximately $535,000. HB Wealth Management LLC owned approximately 0.05% of AB Ultra Short Income ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Osaic Holdings Inc. raised its position in AB Ultra Short Income ETF by 2.7% during the first quarter. Osaic Holdings Inc. now owns 336,711 shares of the company’s stock worth $17,011,000 after acquiring an additional 8,978 shares in the last quarter. Fermata Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF in the 2nd quarter valued at about $14,709,000. Cambridge Investment Research Advisors Inc. lifted its stake in AB Ultra Short Income ETF by 18.8% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 276,778 shares of the company’s stock valued at $13,981,000 after purchasing an additional 43,833 shares during the last quarter. Truist Financial Corp grew its holdings in AB Ultra Short Income ETF by 9.1% during the fourth quarter. Truist Financial Corp now owns 244,992 shares of the company’s stock worth $12,321,000 after purchasing an additional 20,368 shares during the period. Finally, Kingsview Wealth Management LLC increased its position in AB Ultra Short Income ETF by 4.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 118,100 shares of the company’s stock worth $5,939,000 after buying an additional 4,963 shares during the last quarter.

AB Ultra Short Income ETF Price Performance

YEAR opened at $50.76 on Friday. The stock has a fifty day moving average of $50.55 and a 200-day moving average of $50.45. AB Ultra Short Income ETF has a fifty-two week low of $49.90 and a fifty-two week high of $50.80.

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.