AB Ultra Short Income ETF $YEAR Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. trimmed its position in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 7.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,896,741 shares of the company’s stock after selling 1,110,416 shares during the period. Alliancebernstein L.P. owned 47.59% of AB Ultra Short Income ETF worth $704,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in YEAR. Colonial Trust Advisors purchased a new stake in AB Ultra Short Income ETF in the second quarter valued at $85,000. Rothschild Investment LLC increased its stake in shares of AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock worth $225,000 after purchasing an additional 3,200 shares in the last quarter. Claro Advisors LLC raised its holdings in shares of AB Ultra Short Income ETF by 12.7% during the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock valued at $274,000 after acquiring an additional 611 shares during the last quarter. Leavell Investment Management Inc. boosted its stake in AB Ultra Short Income ETF by 5.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 9,794 shares of the company’s stock worth $496,000 after purchasing an additional 464 shares during the last quarter. Finally, Greenwood Capital Associates LLC purchased a new position in AB Ultra Short Income ETF in the 3rd quarter worth approximately $501,000.

AB Ultra Short Income ETF Trading Up 0.0%

NYSEARCA:YEAR opened at $50.42 on Friday. AB Ultra Short Income ETF has a 1-year low of $50.36 and a 1-year high of $50.82. The company’s 50-day moving average is $50.52 and its two-hundred day moving average is $50.58.

AB Ultra Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1653 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

About AB Ultra Short Income ETF

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.