AB Ultra Short Income ETF $YEAR Stock Sold by Welch Financial Planning LLC

Welch Financial Planning LLC trimmed its holdings in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) by 77.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,224 shares of the company’s stock after selling 25,459 shares during the quarter. Welch Financial Planning LLC’s holdings in AB Ultra Short Income ETF were worth $362,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of YEAR. Legacy Wealth Advisors LLC lifted its stake in 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 valued at $3,901,000 after buying an additional 760 shares in the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of AB Ultra Short Income ETF by 2.5% in the first 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. Horizon Wealth Management LLC increased its position in shares of AB Ultra Short Income ETF by 5.4% during the third quarter. Horizon Wealth Management LLC now owns 32,934 shares of the company’s stock worth $1,649,000 after acquiring an additional 1,684 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of AB Ultra Short Income ETF by 5.3% during the third quarter. Kestra Advisory Services LLC now owns 60,814 shares of the company’s stock worth $3,046,000 after acquiring an additional 3,083 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its position in shares of AB Ultra Short Income ETF by 8.5% during the third quarter. Flagship Harbor Advisors LLC now owns 47,334 shares of the company’s stock worth $2,370,000 after acquiring an additional 3,691 shares in the last quarter.

AB Ultra Short Income ETF Stock Performance

Shares of NYSEARCA:YEAR opened at $50.03 on Friday. AB Ultra Short Income ETF has a 12 month low of $49.94 and a 12 month high of $50.70. The company’s fifty day simple moving average is $50.09 and its 200 day simple moving average is $50.29.

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.