Alliancebernstein L.P. Has $73.72 Million Stake in AB Short Duration Income ETF (NYSEARCA:SDFI)

Alliancebernstein L.P. lowered its stake in shares of AB Short Duration Income ETF (NYSEARCA:SDFI) by 4.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,091,157 shares of the company’s stock after selling 102,728 shares during the period. Alliancebernstein L.P.’s holdings in AB Short Duration Income ETF were worth $73,724,000 as of its most recent filing with the SEC.

Separately, LPL Financial LLC lifted its position in AB Short Duration Income ETF by 47.3% in the fourth quarter. LPL Financial LLC now owns 77,786 shares of the company’s stock worth $2,742,000 after purchasing an additional 24,972 shares during the period.

AB Short Duration Income ETF Price Performance

Shares of AB Short Duration Income ETF stock opened at $35.65 on Friday. AB Short Duration Income ETF has a 52-week low of $34.99 and a 52-week high of $36.06. The firm has a market capitalization of $117.29 million and a PE ratio of 10.94. The company’s fifty day moving average price is $35.49 and its two-hundred day moving average price is $35.50.

AB Short Duration Income ETF Company Profile

The AB Short Duration Income ETF (SDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and foreign income-producing fixed income securities with various credit ratings and maturities. It aims to maintain a dollar-weighted average portfolio duration of less than three years.