Wealth Enhancement Advisory Services LLC Has $10.86 Million Stock Position in AB Short Duration High Yield ETF $SYFI

Wealth Enhancement Advisory Services LLC boosted its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 259.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,908 shares of the company’s stock after acquiring an additional 218,596 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 1.38% of AB Short Duration High Yield ETF worth $10,856,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC acquired a new position in shares of AB Short Duration High Yield ETF during the 1st quarter worth about $104,000. WPG Advisers LLC acquired a new stake in shares of AB Short Duration High Yield ETF during the 1st quarter worth approximately $185,000. Kingsview Wealth Management LLC boosted its position in shares of AB Short Duration High Yield ETF by 11.8% during the 1st quarter. Kingsview Wealth Management LLC now owns 12,471 shares of the company’s stock worth $443,000 after acquiring an additional 1,317 shares in the last quarter. Next Level Private LLC bought a new position in AB Short Duration High Yield ETF in the 2nd quarter valued at approximately $445,000. Finally, N.E.W. Advisory Services LLC lifted its stake in AB Short Duration High Yield ETF by 95.8% in the 1st quarter. N.E.W. Advisory Services LLC now owns 14,000 shares of the company’s stock valued at $498,000 after purchasing an additional 6,850 shares during the last quarter.

AB Short Duration High Yield ETF Stock Up 0.1%

SYFI stock opened at $36.27 on Tuesday. The company has a fifty day moving average price of $36.00 and a 200-day moving average price of $35.63. AB Short Duration High Yield ETF has a 52-week low of $33.50 and a 52-week high of $36.29.

AB Short Duration High Yield ETF Company Profile

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.