Shares of AB High Yield ETF (NYSEARCA:HYFI – Get Free Report) were up 0.1% during trading on Monday . The stock traded as high as $37.03 and last traded at $36.98. Approximately 13,828 shares were traded during mid-day trading, a decline of 66% from the average session volume of 41,251 shares. The stock had previously closed at $36.96.
AB High Yield ETF Stock Performance
The stock’s 50-day moving average is $37.26 and its two-hundred day moving average is $37.39.
Institutional Trading of AB High Yield ETF
Several hedge funds have recently bought and sold shares of HYFI. LPL Financial LLC boosted its holdings in shares of AB High Yield ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 2,794,927 shares of the company’s stock valued at $105,033,000 after purchasing an additional 416,410 shares during the last quarter. Wagner Wealth Management LLC increased its holdings in shares of AB High Yield ETF by 2.2% in the first quarter. Wagner Wealth Management LLC now owns 660,984 shares of the company’s stock worth $24,582,000 after purchasing an additional 14,458 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in shares of AB High Yield ETF in the first quarter worth about $24,402,000. Assetmark Inc. lifted its position in shares of AB High Yield ETF by 0.8% in the first quarter. Assetmark Inc. now owns 449,535 shares of the company’s stock worth $16,718,000 after buying an additional 3,585 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of AB High Yield ETF by 12.9% in the third quarter. Raymond James Financial Inc. now owns 297,933 shares of the company’s stock worth $11,308,000 after buying an additional 33,970 shares in the last quarter.
About AB High Yield ETF
The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.
Further Reading
- Five stocks we like better than AB High Yield ETF
- AirJoule’s Kubota Deal Is a Major Validation—But the Hard Part Comes Next
- Dividend Stocks May Be the Quiet Rotation Trade Investors Are Missing Now
- Refiner Stocks Are Near Record Highs—Can Iran-Driven Margins Keep Them There?
- Verizon May Be an AI Infrastructure Stock Hiding in Plain Sight
Receive News & Ratings for AB High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
