LPL Financial LLC Has $135.34 Million Stock Holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR)

LPL Financial LLC raised its holdings in AB Ultra Short Income ETF (NYSEARCA:YEAR) by 0.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,661,772 shares of the company’s stock after buying an additional 23,270 shares during the quarter. LPL Financial LLC owned 13.79% of AB Ultra Short Income ETF worth $135,338,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Lowe Wealth Advisors LLC grew its stake in shares of AB Ultra Short Income ETF by 7.7% in the second quarter. Lowe Wealth Advisors LLC now owns 21,380 shares of the company’s stock worth $1,080,000 after acquiring an additional 1,520 shares during the last quarter. Fermata Advisors LLC bought a new stake in shares of AB Ultra Short Income ETF in the second quarter valued at about $14,709,000. Great Valley Advisor Group Inc. grew its position in AB Ultra Short Income ETF by 24.4% during the second quarter. Great Valley Advisor Group Inc. now owns 14,802 shares of the company’s stock worth $748,000 after buying an additional 2,902 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in AB Ultra Short Income ETF by 7.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,541 shares of the company’s stock worth $684,000 after buying an additional 980 shares in the last quarter. Finally, Raymond James & Associates bought a new position in AB Ultra Short Income ETF during the second quarter valued at about $1,226,000.

AB Ultra Short Income ETF Stock Performance

Shares of YEAR stock opened at $50.57 on Friday. AB Ultra Short Income ETF has a 12 month low of $50.17 and a 12 month high of $50.92. The stock has a 50 day moving average of $50.63 and a two-hundred day moving average of $50.56.

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.