AB High Yield ETF $HYFI is Wagner Wealth Management LLC’s 6th Largest Position

Wagner Wealth Management LLC increased its position in shares of AB High Yield ETF (NYSEARCA:HYFI) by 2.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 569,440 shares of the company’s stock after acquiring an additional 11,534 shares during the period. AB High Yield ETF comprises approximately 4.9% of Wagner Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Wagner Wealth Management LLC owned about 10.77% of AB High Yield ETF worth $21,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA raised its holdings in shares of AB High Yield ETF by 37.8% during the first quarter. Private Trust Co. NA now owns 6,266 shares of the company’s stock worth $231,000 after acquiring an additional 1,718 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of AB High Yield ETF by 242.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 115,838 shares of the company’s stock worth $4,267,000 after acquiring an additional 82,040 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of AB High Yield ETF by 13.1% during the first quarter. Envestnet Asset Management Inc. now owns 69,705 shares of the company’s stock worth $2,568,000 after acquiring an additional 8,054 shares in the last quarter. Focus Financial Network Inc. acquired a new position in AB High Yield ETF during the second quarter worth $317,000. Finally, Raymond James Financial Inc. increased its position in AB High Yield ETF by 0.6% during the first quarter. Raymond James Financial Inc. now owns 255,193 shares of the company’s stock worth $9,401,000 after buying an additional 1,549 shares during the last quarter.

AB High Yield ETF Stock Up 0.2%

Shares of NYSEARCA:HYFI opened at $37.88 on Friday. The stock’s 50-day moving average is $37.67 and its 200-day moving average is $37.10. AB High Yield ETF has a 52-week low of $34.74 and a 52-week high of $40.14.

AB High Yield ETF 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.