AB Ultra Short Income ETF (NYSEARCA:YEAR – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $50.11 and last traded at $50.12, with a volume of 22487 shares traded. The stock had previously closed at $50.17.
AB Ultra Short Income ETF Trading Down 0.1%
The business’s 50-day simple moving average is $50.25 and its 200-day simple moving average is $50.33.
Institutional Investors Weigh In On AB Ultra Short Income ETF
A number of institutional investors have recently bought and sold shares of the stock. Comerica Bank increased its position in AB Ultra Short Income ETF by 4.1% during the 4th quarter. Comerica Bank now owns 9,026 shares of the company’s stock worth $456,000 after purchasing an additional 353 shares in the last quarter. Legacy Wealth Advisors LLC boosted its position in shares of AB Ultra Short Income ETF by 1.0% in the first quarter. Legacy Wealth Advisors LLC now owns 77,283 shares of the company’s stock worth $3,901,000 after buying an additional 760 shares during the period. Rothschild Investment LLC grew its stake in shares of AB Ultra Short Income ETF by 25.2% in the fourth quarter. Rothschild Investment LLC now owns 4,975 shares of the company’s stock valued at $251,000 after buying an additional 1,000 shares in the last quarter. Colonial Trust Advisors grew its stake in shares of AB Ultra Short Income ETF by 59.7% in the fourth quarter. Colonial Trust Advisors now owns 2,675 shares of the company’s stock valued at $135,000 after buying an additional 1,000 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of AB Ultra Short Income ETF by 2.5% during the 1st quarter. Sanctuary Advisors LLC now owns 47,691 shares of the company’s stock valued at $2,407,000 after buying an additional 1,183 shares during the period.
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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.
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