D.A. Davidson & CO. Buys 41,088 Shares of AB Ultra Short Income ETF $YEAR

D.A. Davidson & CO. increased its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 20.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 240,446 shares of the company’s stock after purchasing an additional 41,088 shares during the period. D.A. Davidson & CO. owned 0.83% of AB Ultra Short Income ETF worth $12,138,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. N.E.W. Advisory Services LLC acquired a new stake in AB Ultra Short Income ETF in the fourth quarter worth about $73,000. Claro Advisors LLC increased its position in AB Ultra Short Income ETF by 12.7% in the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock worth $274,000 after purchasing an additional 611 shares during the period. Next Level Private LLC acquired a new stake in AB Ultra Short Income ETF in the fourth quarter worth about $351,000. Laraway Financial Advisors Inc increased its position in AB Ultra Short Income ETF by 9.4% in the third quarter. Laraway Financial Advisors Inc now owns 8,317 shares of the company’s stock worth $421,000 after purchasing an additional 715 shares during the period. Finally, Leavell Investment Management Inc. increased its position in AB Ultra Short Income ETF by 5.0% in the third 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 period.

AB Ultra Short Income ETF Trading Up 0.0%

Shares of YEAR stock opened at $50.46 on Tuesday. The stock has a 50-day moving average price of $50.44 and a 200 day moving average price of $50.53. AB Ultra Short Income ETF has a 12 month low of $50.28 and a 12 month 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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.