Main Street Financial Solutions LLC Takes $766,000 Position in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Main Street Financial Solutions LLC bought a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 15,210 shares of the company’s stock, valued at approximately $766,000. Main Street Financial Solutions LLC owned 0.08% of AB Ultra Short Income ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of YEAR. Raymond James Financial Inc. bought a new stake in AB Ultra Short Income ETF in the fourth quarter valued at approximately $30,321,000. LPL Financial LLC raised its stake in AB Ultra Short Income ETF by 10.9% in the 4th quarter. LPL Financial LLC now owns 2,951,236 shares of the company’s stock valued at $148,595,000 after acquiring an additional 289,464 shares during the period. Mariner LLC lifted its holdings in AB Ultra Short Income ETF by 515.7% during the 4th quarter. Mariner LLC now owns 302,684 shares of the company’s stock valued at $15,240,000 after purchasing an additional 253,526 shares during the last quarter. Moran Wealth Management LLC acquired a new position in shares of AB Ultra Short Income ETF in the fourth quarter valued at $5,340,000. Finally, PMG Wealth Management Inc. bought a new position in shares of AB Ultra Short Income ETF in the fourth quarter valued at about $3,422,000.

AB Ultra Short Income ETF Stock Performance

NYSEARCA YEAR opened at $50.55 on Thursday. The firm has a 50-day moving average of $50.51 and a 200-day moving average of $50.52. AB Ultra Short Income ETF has a 52-week low of $50.10 and a 52-week high of $50.92.

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.