Truist Financial Corp Buys Shares of 25,969 AB High Yield ETF $HYFI

Truist Financial Corp purchased a new stake in shares of AB High Yield ETF (NYSEARCA:HYFIFree Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 25,969 shares of the company’s stock, valued at approximately $986,000.

Other hedge funds have also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its holdings in AB High Yield ETF by 204.5% in the third quarter. Global Retirement Partners LLC now owns 1,416 shares of the company’s stock worth $54,000 after purchasing an additional 951 shares during the last quarter. JGP Wealth Management LLC bought a new position in shares of AB High Yield ETF during the 2nd quarter valued at $208,000. Perigon Wealth Management LLC purchased a new position in shares of AB High Yield ETF in the 3rd quarter worth $247,000. M.E. Allison & CO. Inc. purchased a new position in shares of AB High Yield ETF in the 3rd quarter worth $304,000. Finally, Greenwood Capital Associates LLC bought a new stake in shares of AB High Yield ETF in the third quarter worth $416,000.

AB High Yield ETF Trading Down 0.0%

AB High Yield ETF stock opened at $37.72 on Tuesday. AB High Yield ETF has a one year low of $34.74 and a one year high of $40.14. The stock has a fifty day moving average of $37.76 and a 200 day moving average of $37.71.

AB High Yield ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.2113 dividend. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Monday, February 2nd.

About AB High Yield ETF

(Free Report)

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis. HYFI was launched on May 15, 2023 and is managed by AB Funds.

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Institutional Ownership by Quarter for AB High Yield ETF (NYSEARCA:HYFI)

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