AB Short Duration High Yield ETF $SYFI Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its holdings in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 32.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 204,486 shares of the company’s stock after selling 99,531 shares during the period. Commonwealth Equity Services LLC owned 0.90% of AB Short Duration High Yield ETF worth $7,388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in shares of AB Short Duration High Yield ETF by 94.8% in the second quarter. Bank of America Corp DE now owns 1,537,034 shares of the company’s stock valued at $55,261,000 after buying an additional 747,816 shares during the last quarter. Goldman Sachs Group Inc. increased its position in AB Short Duration High Yield ETF by 1,654.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,015 shares of the company’s stock valued at $36,003,000 after acquiring an additional 955,288 shares during the period. Wagner Wealth Management LLC increased its position in AB Short Duration High Yield ETF by 80.1% in the 3rd quarter. Wagner Wealth Management LLC now owns 849,417 shares of the company’s stock valued at $30,689,000 after acquiring an additional 377,831 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in AB Short Duration High Yield ETF by 259.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 302,908 shares of the company’s stock valued at $10,856,000 after acquiring an additional 218,596 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. acquired a new stake in AB Short Duration High Yield ETF during the 2nd quarter worth approximately $10,656,000.

AB Short Duration High Yield ETF Trading Up 0.1%

Shares of SYFI stock opened at $36.03 on Wednesday. The business’s 50 day moving average is $35.91 and its two-hundred day moving average is $35.95. AB Short Duration High Yield ETF has a twelve month low of $33.50 and a twelve month high of $36.29.

AB Short Duration High Yield ETF 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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.