AB Ultra Short Income ETF $YEAR Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 101.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 400,580 shares of the company’s stock after purchasing an additional 201,618 shares during the quarter. Envestnet Asset Management Inc. owned about 1.37% of AB Ultra Short Income ETF worth $20,293,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of YEAR. Envestnet Portfolio Solutions Inc. grew its holdings in AB Ultra Short Income ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,198 shares of the company’s stock worth $770,000 after acquiring an additional 327 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of AB Ultra Short Income ETF by 3.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 27,917 shares of the company’s stock worth $1,408,000 after purchasing an additional 954 shares during the last quarter. RFG Advisory LLC raised its holdings in shares of AB Ultra Short Income ETF by 11.7% in the 2nd quarter. RFG Advisory LLC now owns 9,131 shares of the company’s stock worth $463,000 after purchasing an additional 958 shares in the last quarter. Lowe Wealth Advisors LLC lifted its stake in AB Ultra Short Income ETF by 4.2% during the second quarter. Lowe Wealth Advisors LLC now owns 27,611 shares of the company’s stock valued at $1,399,000 after purchasing an additional 1,101 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in AB Ultra Short Income ETF by 5.5% during the second quarter. Wealthcare Advisory Partners LLC now owns 26,676 shares of the company’s stock worth $1,351,000 after buying an additional 1,396 shares in the last quarter.

AB Ultra Short Income ETF Trading Up 0.0%

Shares of NYSEARCA:YEAR opened at $50.54 on Wednesday. The stock has a fifty day moving average of $50.63 and a 200-day moving average of $50.56. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.82.

AB Ultra Short Income ETF 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.