Independent Advisor Alliance Purchases Shares of 19,870 AB Ultra Short Income ETF (NYSEARCA:YEAR)

Independent Advisor Alliance purchased a new stake in shares of AB Ultra Short Income ETF (NYSEARCA:YEAR) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 19,870 shares of the company’s stock, valued at approximately $1,000,000. Independent Advisor Alliance owned about 0.10% of AB Ultra Short Income ETF at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in shares of AB Ultra Short Income ETF during the fourth quarter valued at about $38,000. Steward Partners Investment Advisory LLC increased its position in shares of AB Ultra Short Income ETF by 440.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,700 shares of the company’s stock valued at $136,000 after acquiring an additional 2,200 shares during the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of AB Ultra Short Income ETF during the fourth quarter valued at about $237,000. Integrated Wealth Concepts LLC increased its position in shares of AB Ultra Short Income ETF by 20.2% during the third quarter. Integrated Wealth Concepts LLC now owns 4,774 shares of the company’s stock valued at $243,000 after acquiring an additional 801 shares during the last quarter. Finally, Laraway Financial Advisors Inc acquired a new stake in shares of AB Ultra Short Income ETF during the third quarter valued at about $366,000.

AB Ultra Short Income ETF Stock Performance

Shares of YEAR opened at $50.50 on Friday. AB Ultra Short Income ETF has a 1-year low of $50.10 and a 1-year high of $50.92. The firm has a 50-day simple moving average of $50.46 and a two-hundred day simple moving average of $50.55.

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.