Flagship Harbor Advisors LLC Has $2.45 Million Position in AB Ultra Short Income ETF $YEAR

Flagship Harbor Advisors LLC lessened its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 36.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 48,324 shares of the company’s stock after selling 27,422 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in AB Ultra Short Income ETF were worth $2,449,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of YEAR. Osaic Holdings Inc. increased its holdings in shares of AB Ultra Short Income ETF by 29.2% in the 2nd quarter. Osaic Holdings Inc. now owns 221,518 shares of the company’s stock valued at $11,225,000 after purchasing an additional 50,047 shares during the period. Cetera Investment Advisers purchased a new stake in AB Ultra Short Income ETF in the 2nd quarter worth approximately $902,000. Greenwood Capital Associates LLC acquired a new stake in shares of AB Ultra Short Income ETF during the 3rd quarter valued at $501,000. BOS Asset Management LLC grew its holdings in shares of AB Ultra Short Income ETF by 8.6% during the 3rd quarter. BOS Asset Management LLC now owns 900,406 shares of the company’s stock valued at $45,628,000 after acquiring an additional 71,540 shares in the last quarter. Finally, Wedbush Securities Inc. purchased a new position in shares of AB Ultra Short Income ETF during the 2nd quarter valued at $17,840,000.

AB Ultra Short Income ETF Trading Up 0.1%

Shares of NYSEARCA:YEAR opened at $50.49 on Friday. AB Ultra Short Income ETF has a 1 year low of $50.10 and a 1 year high of $50.82. The business has a fifty day simple moving average of $50.56 and a 200 day simple moving average of $50.59.

AB Ultra Short Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1709 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.