NewEdge Advisors LLC Sells 11,218 Shares of AB Ultra Short Income ETF $YEAR

NewEdge Advisors LLC lessened its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 29.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,390 shares of the company’s stock after selling 11,218 shares during the period. NewEdge Advisors LLC owned about 0.09% of AB Ultra Short Income ETF worth $1,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC purchased a new stake in AB Ultra Short Income ETF in the 4th quarter worth approximately $73,000. Wagner Wealth Management LLC purchased a new position in shares of AB Ultra Short Income ETF during the first quarter valued at approximately $127,000. Colonial Trust Advisors raised its holdings in shares of AB Ultra Short Income ETF by 59.7% during the fourth quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock valued at $135,000 after acquiring an additional 1,000 shares in the last quarter. Rothschild Investment LLC raised its holdings in shares of AB Ultra Short Income ETF by 25.2% during the fourth quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock valued at $251,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Sun Financial Inc bought a new position in shares of AB Ultra Short Income ETF during the fourth quarter valued at approximately $254,000.

AB Ultra Short Income ETF Price Performance

Shares of YEAR stock opened at $50.28 on Monday. The stock has a fifty day moving average of $50.26 and a 200 day moving average of $50.37. AB Ultra Short Income ETF has a 52 week low of $50.16 and a 52 week high of $50.78.

AB Ultra Short Income ETF Company 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.