100,131 Shares in AB Ultra Short Income ETF $YEAR Purchased by Kensington Asset Management LLC

Kensington Asset Management LLC bought a new position in AB Ultra Short Income ETF (NYSEARCA:YEAR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 100,131 shares of the company’s stock, valued at approximately $5,073,000. AB Ultra Short Income ETF comprises about 0.4% of Kensington Asset Management LLC’s portfolio, making the stock its 18th largest position. Kensington Asset Management LLC owned approximately 0.34% of AB Ultra Short Income ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in YEAR. Alteri Wealth LLC raised its position in AB Ultra Short Income ETF by 301.0% during the second quarter. Alteri Wealth LLC now owns 19,874 shares of the company’s stock valued at $1,007,000 after purchasing an additional 14,918 shares during the period. Rothschild Investment LLC boosted its position in AB Ultra Short Income ETF by 256.0% during the second quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock valued at $225,000 after purchasing an additional 3,200 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in AB Ultra Short Income ETF by 10.6% in the 2nd quarter. Kingsview Wealth Management LLC now owns 178,620 shares of the company’s stock worth $9,049,000 after purchasing an additional 17,174 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of AB Ultra Short Income ETF in the 2nd quarter valued at about $902,000. Finally, Good Life Advisors LLC lifted its stake in shares of AB Ultra Short Income ETF by 12.9% in the 2nd quarter. Good Life Advisors LLC now owns 32,590 shares of the company’s stock valued at $1,651,000 after purchasing an additional 3,736 shares during the period.

AB Ultra Short Income ETF Price Performance

NYSEARCA YEAR opened at $50.60 on Thursday. AB Ultra Short Income ETF has a one year low of $50.10 and a one year high of $50.82. The business has a fifty day moving average price of $50.61 and a 200 day moving average price of $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.