MGO One Seven LLC Invests $4.26 Million in AB Short Duration High Yield ETF $SYFI

MGO One Seven LLC acquired a new position in AB Short Duration High Yield ETF (NYSEARCA:SYFI) during the second quarter, HoldingsChannel reports. The institutional investor acquired 118,386 shares of the company’s stock, valued at approximately $4,256,000.

A number of other large investors have also recently made changes to their positions in the business. Kingsview Wealth Management LLC grew its position in shares of AB Short Duration High Yield ETF by 11.8% in the 1st quarter. Kingsview Wealth Management LLC now owns 12,471 shares of the company’s stock worth $443,000 after buying an additional 1,317 shares during the last quarter. RMR Capital Management LLC grew its position in shares of AB Short Duration High Yield ETF by 1.6% in the 1st quarter. RMR Capital Management LLC now owns 120,222 shares of the company’s stock worth $4,273,000 after buying an additional 1,909 shares during the last quarter. CWM LLC grew its position in shares of AB Short Duration High Yield ETF by 73.4% in the 2nd quarter. CWM LLC now owns 5,074 shares of the company’s stock worth $182,000 after buying an additional 2,148 shares during the last quarter. KMG Fiduciary Partners LLC grew its position in shares of AB Short Duration High Yield ETF by 11.2% in the 2nd quarter. KMG Fiduciary Partners LLC now owns 31,757 shares of the company’s stock worth $1,142,000 after buying an additional 3,192 shares during the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in shares of AB Short Duration High Yield ETF by 2.2% in the 1st quarter. Atria Wealth Solutions Inc. now owns 174,989 shares of the company’s stock worth $6,219,000 after buying an additional 3,809 shares during the last quarter.

AB Short Duration High Yield ETF Stock Performance

NYSEARCA SYFI opened at $35.77 on Tuesday. AB Short Duration High Yield ETF has a twelve month low of $33.50 and a twelve month high of $36.29. The stock’s 50 day moving average is $36.02 and its 200 day moving average is $35.66.

About AB Short Duration High Yield ETF

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.