Lowe Wealth Advisors LLC Has $1.19 Million Holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Lowe Wealth Advisors LLC boosted its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 6.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,675 shares of the company’s stock after purchasing an additional 1,522 shares during the quarter. AB Ultra Short Income ETF accounts for about 0.5% of Lowe Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding. Lowe Wealth Advisors LLC owned approximately 0.12% of AB Ultra Short Income ETF worth $1,192,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Integrated Wealth Concepts LLC raised its position in shares of AB Ultra Short Income ETF by 20.2% in the third quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after buying an additional 801 shares in the last quarter. Laraway Financial Advisors Inc acquired a new position in AB Ultra Short Income ETF in the 3rd quarter valued at $366,000. Hilltop Holdings Inc. bought a new stake in shares of AB Ultra Short Income ETF during the 3rd quarter valued at $432,000. Cornerstone Wealth Management LLC grew its holdings in shares of AB Ultra Short Income ETF by 15.2% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 10,580 shares of the company’s stock worth $538,000 after purchasing an additional 1,392 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of AB Ultra Short Income ETF during the 2nd quarter worth $614,000.

AB Ultra Short Income ETF Stock Down 0.1 %

YEAR stock traded down $0.03 during midday trading on Friday, reaching $50.34. The company had a trading volume of 201,037 shares, compared to its average volume of 122,919. AB Ultra Short Income ETF has a 1-year low of $50.18 and a 1-year high of $50.92. The stock has a 50 day moving average price of $50.49 and a 200-day moving average price of $50.58.

AB Ultra Short Income ETF Company Profile

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.