Citadel Advisors LLC Has $3.33 Million Stock Position in AB Short Duration High Yield ETF $SYFI

Citadel Advisors LLC raised its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 43.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 93,166 shares of the company’s stock after buying an additional 28,012 shares during the quarter. Citadel Advisors LLC’s holdings in AB Short Duration High Yield ETF were worth $3,327,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS Group AG increased its position in shares of AB Short Duration High Yield ETF by 3.4% during the third quarter. UBS Group AG now owns 2,163,697 shares of the company’s stock worth $78,174,000 after acquiring an additional 71,277 shares in the last quarter. Bank of America Corp DE lifted its position in AB Short Duration High Yield ETF by 7.9% in the 3rd quarter. Bank of America Corp DE now owns 1,658,210 shares of the company’s stock valued at $59,911,000 after acquiring an additional 121,176 shares in the last quarter. Royal Bank of Canada boosted its stake in AB Short Duration High Yield ETF by 2.4% in the 1st quarter. Royal Bank of Canada now owns 1,496,093 shares of the company’s stock worth $53,142,000 after purchasing an additional 34,580 shares during the period. Arkadios Wealth Advisors boosted its stake in AB Short Duration High Yield ETF by 1,700.2% in the 1st quarter. Arkadios Wealth Advisors now owns 1,299,942 shares of the company’s stock worth $46,174,000 after purchasing an additional 1,227,733 shares during the period. Finally, Wagner Wealth Management LLC raised its stake in shares of AB Short Duration High Yield ETF by 9.9% in the 1st quarter. Wagner Wealth Management LLC now owns 1,238,146 shares of the company’s stock valued at $43,979,000 after purchasing an additional 111,191 shares during the period.

AB Short Duration High Yield ETF Stock Performance

Shares of AB Short Duration High Yield ETF stock opened at $35.51 on Tuesday. The stock’s 50-day moving average is $35.62 and its 200-day moving average is $35.65. AB Short Duration High Yield ETF has a one year low of $35.11 and a one year high of $36.28.

AB Short Duration High Yield ETF Profile

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. SYFI was launched on Dec 7, 2011 and is issued by AB Funds.