Wagner Wealth Management LLC Raises Stock Position in AB High Yield ETF $HYFI

Wagner Wealth Management LLC raised its position in shares of AB High Yield ETF (NYSEARCA:HYFI) by 2.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 660,984 shares of the company’s stock after purchasing an additional 14,458 shares during the period. AB High Yield ETF accounts for approximately 5.0% of Wagner Wealth Management LLC’s holdings, making the stock its 7th biggest position. Wagner Wealth Management LLC owned approximately 7.51% of AB High Yield ETF worth $24,582,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in shares of AB High Yield ETF during the third quarter worth approximately $66,000. NewEdge Advisors LLC increased its position in AB High Yield ETF by 6,057.8% in the 4th quarter. NewEdge Advisors LLC now owns 5,542 shares of the company’s stock valued at $208,000 after acquiring an additional 5,452 shares during the period. Comerica Bank raised its stake in AB High Yield ETF by 41.4% during the 3rd quarter. Comerica Bank now owns 8,243 shares of the company’s stock valued at $313,000 after acquiring an additional 2,415 shares in the last quarter. Beto Financial Group LLC bought a new stake in AB High Yield ETF during the 4th quarter valued at $424,000. Finally, Captrust Financial Advisors boosted its position in AB High Yield ETF by 37.5% during the 4th quarter. Captrust Financial Advisors now owns 12,128 shares of the company’s stock worth $456,000 after acquiring an additional 3,308 shares during the period.

AB High Yield ETF Price Performance

NYSEARCA:HYFI opened at $37.34 on Wednesday. AB High Yield ETF has a 1 year low of $36.64 and a 1 year high of $38.27. The business has a fifty day moving average of $37.36 and a 200-day moving average of $37.47.

AB High Yield ETF Company Profile

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.