Alteri Wealth LLC Lowers Stock Position in AB Ultra Short Income ETF $YEAR

Alteri Wealth LLC lowered its position in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 48.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,409 shares of the company’s stock after selling 11,493 shares during the period. Alteri Wealth LLC’s holdings in AB Ultra Short Income ETF were worth $626,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Comerica Bank raised its holdings in shares of AB Ultra Short Income ETF by 4.1% in the fourth quarter. Comerica Bank now owns 9,026 shares of the company’s stock valued at $456,000 after purchasing an additional 353 shares during the last quarter. USAdvisors Wealth Management LLC grew its position in AB Ultra Short Income ETF by 1.6% during the third quarter. USAdvisors Wealth Management LLC now owns 26,461 shares of the company’s stock valued at $1,340,000 after buying an additional 427 shares during the period. Claro Advisors LLC grew its position in AB Ultra Short Income ETF by 12.7% during the third quarter. Claro Advisors LLC now owns 5,415 shares of the company’s stock valued at $274,000 after buying an additional 611 shares during the period. Encompass Wealth Advisors LLC grew its position in AB Ultra Short Income ETF by 4.8% during the fourth quarter. Encompass Wealth Advisors LLC now owns 13,596 shares of the company’s stock valued at $686,000 after buying an additional 623 shares during the period. Finally, Laraway Financial Advisors Inc grew its position in AB Ultra Short Income ETF by 9.4% during the third quarter. Laraway Financial Advisors Inc now owns 8,317 shares of the company’s stock valued at $421,000 after buying an additional 715 shares during the period.

AB Ultra Short Income ETF Stock Performance

YEAR opened at $50.23 on Wednesday. The firm has a 50-day moving average of $50.35 and a 200 day moving average of $50.47. AB Ultra Short Income ETF has a fifty-two week low of $50.21 and a fifty-two week high of $50.82.

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. YEAR was launched on Sep 14, 2022 and is managed by AB Funds.