Cetera Investment Advisers Cuts Position in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Cetera Investment Advisers decreased its position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 38.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,480 shares of the company’s stock after selling 21,958 shares during the quarter. Cetera Investment Advisers’ holdings in AB Short Duration High Yield ETF were worth $1,230,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its stake in shares of AB Short Duration High Yield ETF by 4.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,506 shares of the company’s stock worth $232,000 after acquiring an additional 282 shares in the last quarter. Wells Fargo & Company MN purchased a new stake in AB Short Duration High Yield ETF in the fourth quarter valued at $63,000. Atria Wealth Solutions Inc. raised its holdings in shares of AB Short Duration High Yield ETF by 3.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 171,180 shares of the company’s stock valued at $6,122,000 after buying an additional 5,245 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of AB Short Duration High Yield ETF by 1.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 399,623 shares of the company’s stock valued at $14,255,000 after buying an additional 5,682 shares during the last quarter. Finally, Stifel Financial Corp raised its holdings in shares of AB Short Duration High Yield ETF by 19.7% in the fourth quarter. Stifel Financial Corp now owns 43,403 shares of the company’s stock valued at $1,548,000 after buying an additional 7,156 shares during the last quarter.

AB Short Duration High Yield ETF Price Performance

NYSEARCA SYFI opened at $35.38 on Friday. AB Short Duration High Yield ETF has a 52-week low of $33.50 and a 52-week high of $36.29. The firm has a 50-day moving average price of $35.23 and a 200 day moving average price of $35.65.

About AB Short Duration High Yield ETF

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.