Wedbush Securities Inc. Buys New Holdings in AB Ultra Short Income ETF $YEAR

Wedbush Securities Inc. acquired a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) during the second quarter, Holdings Channel.com reports. The firm acquired 352,154 shares of the company’s stock, valued at approximately $17,840,000. AB Ultra Short Income ETF accounts for approximately 0.6% of Wedbush Securities Inc.’s portfolio, making the stock its 20th largest holding.

Several other institutional investors have also modified their holdings of YEAR. USAdvisors Wealth Management LLC raised its stake in AB Ultra Short Income ETF by 6.9% in the first quarter. USAdvisors Wealth Management LLC now owns 22,868 shares of the company’s stock valued at $1,157,000 after buying an additional 1,478 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of AB Ultra Short Income ETF by 8.8% during the 1st quarter. Alliancebernstein L.P. now owns 13,824,125 shares of the company’s stock worth $699,639,000 after acquiring an additional 1,118,093 shares in the last quarter. BOS Asset Management LLC increased its holdings in shares of AB Ultra Short Income ETF by 13.2% in the 1st quarter. BOS Asset Management LLC now owns 875,669 shares of the company’s stock valued at $44,318,000 after acquiring an additional 102,011 shares during the last quarter. Laraway Financial Advisors Inc increased its holdings in shares of AB Ultra Short Income ETF by 19.8% in the 1st quarter. Laraway Financial Advisors Inc now owns 8,631 shares of the company’s stock valued at $437,000 after acquiring an additional 1,425 shares during the last quarter. Finally, Wagner Wealth Management LLC raised its position in shares of AB Ultra Short Income ETF by 9,882.2% during the 2nd quarter. Wagner Wealth Management LLC now owns 793,289 shares of the company’s stock worth $40,188,000 after acquiring an additional 785,342 shares in the last quarter.

AB Ultra Short Income ETF Trading Up 0.1%

Shares of AB Ultra Short Income ETF stock opened at $50.56 on Friday. AB Ultra Short Income ETF has a 52 week low of $50.10 and a 52 week high of $50.82. The firm’s 50 day moving average is $50.62 and its two-hundred day moving average is $50.56.

About AB Ultra Short Income ETF

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.