AB Short Duration High Yield ETF $SYFI is Wagner Wealth Management LLC’s Largest Position

Wagner Wealth Management LLC increased its position in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,238,146 shares of the company’s stock after purchasing an additional 111,191 shares during the quarter. AB Short Duration High Yield ETF accounts for approximately 8.9% of Wagner Wealth Management LLC’s investment portfolio, making the stock its largest holding. Wagner Wealth Management LLC owned 5.01% of AB Short Duration High Yield ETF worth $43,979,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. raised its position in AB Short Duration High Yield ETF by 628.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 889 shares of the company’s stock worth $31,000 after buying an additional 767 shares during the last quarter. Colonial Trust Advisors lifted its stake in AB Short Duration High Yield ETF by 103.3% during the 4th quarter. Colonial Trust Advisors now owns 3,100 shares of the company’s stock valued at $111,000 after acquiring an additional 1,575 shares during the period. World Investment Advisors purchased a new stake in shares of AB Short Duration High Yield ETF in the 4th quarter valued at $203,000. Captrust Financial Advisors purchased a new stake in shares of AB Short Duration High Yield ETF in the 4th quarter valued at $216,000. Finally, Centerpoint Advisory Group increased its stake in shares of AB Short Duration High Yield ETF by 11.8% in the fourth quarter. Centerpoint Advisory Group now owns 6,370 shares of the company’s stock worth $229,000 after acquiring an additional 670 shares during the period.

AB Short Duration High Yield ETF Stock Performance

NYSEARCA:SYFI opened at $35.72 on Wednesday. The company’s fifty day moving average price is $35.72 and its 200-day moving average price is $35.78. AB Short Duration High Yield ETF has a 1-year low of $35.11 and a 1-year high of $36.28.

AB Short Duration High Yield ETF 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.