D.A. Davidson & CO. Has $498,000 Stock Holdings in AB Short Duration High Yield ETF $SYFI

D.A. Davidson & CO. trimmed its holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 77.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,851 shares of the company’s stock after selling 46,860 shares during the quarter. D.A. Davidson & CO. owned about 0.06% of AB Short Duration High Yield ETF worth $498,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC lifted its stake in shares of AB Short Duration High Yield ETF by 11.8% in the 1st quarter. Kingsview Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $443,000 after purchasing an additional 1,317 shares during the period. Private Trust Co. NA increased its position in AB Short Duration High Yield ETF by 41.3% in the 2nd quarter. Private Trust Co. NA now owns 4,955 shares of the company’s stock valued at $178,000 after buying an additional 1,448 shares in the last quarter. RMR Capital Management LLC increased its position in AB Short Duration High Yield ETF by 1.6% in the 1st quarter. RMR Capital Management LLC now owns 120,222 shares of the company’s stock valued at $4,273,000 after buying an additional 1,909 shares in the last quarter. CWM LLC increased its position in AB Short Duration High Yield ETF by 73.4% in the 2nd quarter. CWM LLC now owns 5,074 shares of the company’s stock valued at $182,000 after buying an additional 2,148 shares in the last quarter. Finally, KMG Fiduciary Partners LLC increased its position in AB Short Duration High Yield ETF by 11.2% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 31,757 shares of the company’s stock valued at $1,142,000 after buying an additional 3,192 shares in the last quarter.

AB Short Duration High Yield ETF Stock Down 0.1%

Shares of AB Short Duration High Yield ETF stock opened at $36.07 on Thursday. AB Short Duration High Yield ETF has a one year low of $33.50 and a one year high of $36.29. The business has a 50-day simple moving average of $36.03 and a 200 day simple moving average of $35.76.

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.