RMR Capital Management LLC Sells 17,891 Shares of AB Short Duration High Yield ETF $SYFI

RMR Capital Management LLC lessened its holdings in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 14.9% during the second quarter, Holdings Channel.com reports. The firm owned 102,331 shares of the company’s stock after selling 17,891 shares during the quarter. AB Short Duration High Yield ETF makes up 2.6% of RMR Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. RMR Capital Management LLC’s holdings in AB Short Duration High Yield ETF were worth $3,679,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. MGO One Seven LLC acquired a new position in shares of AB Short Duration High Yield ETF during the second quarter worth $4,256,000. CWM LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 73.4% during the second quarter. CWM LLC now owns 5,074 shares of the company’s stock worth $182,000 after purchasing an additional 2,148 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 259.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 302,908 shares of the company’s stock worth $10,856,000 after purchasing an additional 218,596 shares during the period. KMG Fiduciary Partners LLC lifted its holdings in shares of AB Short Duration High Yield ETF by 11.2% during the second quarter. KMG Fiduciary Partners LLC now owns 31,757 shares of the company’s stock worth $1,142,000 after purchasing an additional 3,192 shares during the period. Finally, Next Level Private LLC acquired a new position in shares of AB Short Duration High Yield ETF during the second quarter worth $445,000.

AB Short Duration High Yield ETF Trading Up 0.1%

Shares of NYSEARCA:SYFI opened at $35.81 on Wednesday. The firm’s fifty day moving average is $36.02 and its 200-day moving average is $35.66. AB Short Duration High Yield ETF has a 52 week low of $33.50 and a 52 week high of $36.29.

AB Short Duration High Yield ETF Company 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.