Truist Financial Corp purchased a new stake in shares of AB High Yield ETF (NYSEARCA:HYFI – Free 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
About AB High Yield ETF
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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Want to see what other hedge funds are holding HYFI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AB High Yield ETF (NYSEARCA:HYFI – Free Report).
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