Farther Finance Advisors LLC Invests $1.29 Million in AB Short Duration High Yield ETF $SYFI

Farther Finance Advisors LLC purchased a new position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 35,967 shares of the company’s stock, valued at approximately $1,292,000. Farther Finance Advisors LLC owned about 0.15% of AB Short Duration High Yield ETF at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. First Heartland Consultants Inc. raised its position in shares of AB Short Duration High Yield ETF by 11.9% in the 4th quarter. First Heartland Consultants Inc. now owns 8,913 shares of the company’s stock worth $320,000 after purchasing an additional 951 shares during the last quarter. IHT Wealth Management LLC raised its position in shares of AB Short Duration High Yield ETF by 12.9% in the 2nd quarter. IHT Wealth Management LLC now owns 9,391 shares of the company’s stock worth $338,000 after purchasing an additional 1,073 shares during the last quarter. Truist Financial Corp raised its position in shares of AB Short Duration High Yield ETF by 1.0% in the 3rd quarter. Truist Financial Corp now owns 135,950 shares of the company’s stock worth $4,912,000 after purchasing an additional 1,395 shares during the last quarter. MML Investors Services LLC raised its position in AB Short Duration High Yield ETF by 8.2% in the 2nd quarter. MML Investors Services LLC now owns 19,478 shares of the company’s stock worth $700,000 after buying an additional 1,483 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in AB Short Duration High Yield ETF by 3.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 46,396 shares of the company’s stock worth $1,676,000 after buying an additional 1,642 shares during the last quarter.

AB Short Duration High Yield ETF Price Performance

Shares of NYSEARCA:SYFI opened at $35.84 on Wednesday. AB Short Duration High Yield ETF has a fifty-two week low of $34.91 and a fifty-two week high of $36.28. The business has a 50-day simple moving average of $35.66 and a two-hundred day simple moving average of $35.84.

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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.