Private Advisor Group LLC Has $4.75 Million Stake in AB High Yield ETF (NYSEARCA:HYFI)

Private Advisor Group LLC boosted its holdings in shares of AB High Yield ETF (NYSEARCA:HYFI) by 45.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,667 shares of the company’s stock after buying an additional 40,275 shares during the period. Private Advisor Group LLC owned about 3.68% of AB High Yield ETF worth $4,747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wagner Wealth Management LLC lifted its stake in AB High Yield ETF by 14.2% during the fourth quarter. Wagner Wealth Management LLC now owns 523,281 shares of the company’s stock worth $19,306,000 after purchasing an additional 64,973 shares during the period. IHT Wealth Management LLC bought a new position in shares of AB High Yield ETF during the 3rd quarter worth approximately $4,321,000. Advisory Resource Group lifted its position in shares of AB High Yield ETF by 3.4% during the 4th quarter. Advisory Resource Group now owns 89,777 shares of the company’s stock worth $3,312,000 after buying an additional 2,974 shares during the period. Financial Advocates Investment Management boosted its stake in AB High Yield ETF by 8.4% in the 4th quarter. Financial Advocates Investment Management now owns 77,720 shares of the company’s stock valued at $2,867,000 after buying an additional 5,993 shares in the last quarter. Finally, Platform Technology Partners grew its position in AB High Yield ETF by 56.1% in the fourth quarter. Platform Technology Partners now owns 20,787 shares of the company’s stock valued at $767,000 after acquiring an additional 7,474 shares during the period.

AB High Yield ETF Price Performance

Shares of HYFI stock opened at $37.33 on Friday. AB High Yield ETF has a 12-month low of $34.94 and a 12-month high of $38.79. The firm has a 50-day moving average price of $37.16 and a 200 day moving average price of $37.21.

About AB High Yield ETF

The AB High Yield ETF (HYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.