Greenwood Capital Associates LLC Invests $501,000 in AB Ultra Short Income ETF $YEAR

Greenwood Capital Associates LLC purchased a new stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) in the 3rd quarter, Holdings Channel reports. The fund purchased 9,891 shares of the company’s stock, valued at approximately $501,000.

Other large investors have also recently modified their holdings of the company. Colonial Trust Advisors purchased a new position in AB Ultra Short Income ETF during the 2nd quarter worth $85,000. S.A. Mason LLC bought a new position in shares of AB Ultra Short Income ETF during the 2nd quarter worth $119,000. Rothschild Investment LLC increased its stake in shares of 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 buying an additional 3,200 shares during the period. Claro Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF in the second quarter valued at about $243,000. Finally, Belpointe Asset Management LLC purchased a new stake in AB Ultra Short Income ETF in the first quarter worth about $307,000.

AB Ultra Short Income ETF Trading Up 0.1%

Shares of AB Ultra Short Income ETF stock opened at $50.67 on Friday. The firm’s 50-day moving average is $50.61 and its two-hundred day moving average is $50.58. AB Ultra Short Income ETF has a 1 year low of $50.10 and a 1 year high of $50.82.

AB Ultra Short Income ETF 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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.