Great Valley Advisor Group Inc. Has $10.85 Million Stake in AB Short Duration High Yield ETF $SYFI

Great Valley Advisor Group Inc. lifted its stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 16.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 302,052 shares of the company’s stock after buying an additional 41,900 shares during the quarter. Great Valley Advisor Group Inc. owned about 1.24% of AB Short Duration High Yield ETF worth $10,853,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. LPL Financial LLC grew its position in AB Short Duration High Yield ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 1,166,323 shares of the company’s stock valued at $41,906,000 after purchasing an additional 20,708 shares during the period. Hazlett Burt & Watson Inc. grew its position in AB Short Duration High Yield ETF by 628.7% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 889 shares of the company’s stock valued at $31,000 after purchasing an additional 767 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in AB Short Duration High Yield ETF by 7,236.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 35,582 shares of the company’s stock valued at $1,278,000 after purchasing an additional 35,097 shares during the period. EverSource Wealth Advisors LLC grew its position in AB Short Duration High Yield ETF by 2.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 45,854 shares of the company’s stock valued at $1,648,000 after purchasing an additional 934 shares during the period. Finally, Kennedy Investment Group acquired a new stake in AB Short Duration High Yield ETF in the 4th quarter valued at $438,000.

AB Short Duration High Yield ETF Stock Up 0.4%

SYFI opened at $35.66 on Friday. The firm’s fifty day moving average price is $35.71 and its two-hundred day moving average price is $35.81. AB Short Duration High Yield ETF has a 1 year low of $35.11 and a 1 year high of $36.28.

AB Short Duration High Yield ETF Company 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.