132,736 Shares in AB Ultra Short Income ETF (NYSEARCA:YEAR) Acquired by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC purchased a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 132,736 shares of the company’s stock, valued at approximately $6,705,000. Magnolia Capital Advisors LLC owned about 0.69% of AB Ultra Short Income ETF as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the business. ADAR1 Capital Management LLC acquired a new stake in shares of AB Ultra Short Income ETF in the fourth quarter worth approximately $503,000. Wealthcare Advisory Partners LLC grew its stake in shares of AB Ultra Short Income ETF by 13.3% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 10,599 shares of the company’s stock valued at $535,000 after buying an additional 1,243 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of AB Ultra Short Income ETF by 13.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock valued at $15,050,000 after buying an additional 34,825 shares during the period. RFG Advisory LLC acquired a new stake in shares of AB Ultra Short Income ETF during the 1st quarter worth $342,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of AB Ultra Short Income ETF in the 1st quarter worth $635,000.

AB Ultra Short Income ETF Price Performance

YEAR stock opened at $50.87 on Friday. The stock has a 50-day moving average price of $50.69 and a two-hundred day moving average price of $50.50. AB Ultra Short Income ETF has a 12-month low of $49.90 and a 12-month high of $50.92.

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.