Accelerate Investment Advisors LLC Invests $944,000 in AB Ultra Short Income ETF (NYSEARCA:YEAR)

Accelerate Investment Advisors LLC acquired a new stake in AB Ultra Short Income ETF (NYSEARCA:YEAR) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 18,569 shares of the company’s stock, valued at approximately $944,000. AB Ultra Short Income ETF accounts for 0.9% of Accelerate Investment Advisors LLC’s holdings, making the stock its 22nd biggest holding.

A number of other large investors have also bought and sold shares of YEAR. Ausdal Financial Partners Inc. lifted its position in shares of AB Ultra Short Income ETF by 39.7% in the third quarter. Ausdal Financial Partners Inc. now owns 156,274 shares of the company’s stock worth $7,946,000 after purchasing an additional 44,420 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in AB Ultra Short Income ETF by 13.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 10,599 shares of the company’s stock valued at $535,000 after buying an additional 1,243 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in AB Ultra Short Income ETF by 13.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 297,922 shares of the company’s stock worth $15,050,000 after buying an additional 34,825 shares in the last quarter. Lowe Wealth Advisors LLC boosted its stake in shares of AB Ultra Short Income ETF by 3.6% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 22,153 shares of the company’s stock worth $1,126,000 after buying an additional 773 shares during the last quarter. Finally, RFG Advisory LLC bought a new position in shares of AB Ultra Short Income ETF in the 1st quarter valued at about $342,000.

AB Ultra Short Income ETF Stock Up 0.1 %

NYSEARCA:YEAR opened at $50.63 on Monday. AB Ultra Short Income ETF has a twelve month low of $49.92 and a twelve month high of $50.92. The stock’s 50 day moving average price is $50.70 and its two-hundred day moving average price is $50.52.

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.