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

Greenwood Capital Associates LLC purchased a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 9,891 shares of the company’s stock, valued at approximately $501,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in YEAR. Colonial Trust Advisors bought a new stake in AB Ultra Short Income ETF during the second quarter worth approximately $85,000. S.A. Mason LLC purchased a new position in shares of AB Ultra Short Income ETF in the 2nd quarter worth approximately $119,000. Rothschild Investment LLC increased its position in shares of AB Ultra Short Income ETF by 256.0% during the 2nd quarter. Rothschild Investment LLC now owns 4,450 shares of the company’s stock valued at $225,000 after purchasing an additional 3,200 shares during the last quarter. Claro Advisors LLC purchased a new stake in AB Ultra Short Income ETF during the 2nd quarter valued at $243,000. Finally, Belpointe Asset Management LLC purchased a new stake in AB Ultra Short Income ETF during the 1st quarter valued at $307,000.

AB Ultra Short Income ETF Stock Up 0.1%

NYSEARCA YEAR opened at $50.67 on Friday. The company has a fifty day moving average of $50.61 and a two-hundred day moving average of $50.58. AB Ultra Short Income ETF has a 52 week low of $50.10 and a 52 week high of $50.82.

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.