LPL Financial LLC Boosts Holdings in AB High Yield ETF (NYSEARCA:HYFI)

LPL Financial LLC lifted its position in AB High Yield ETF (NYSEARCA:HYFI) by 15.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,486,525 shares of the company’s stock after acquiring an additional 194,143 shares during the quarter. LPL Financial LLC owned 42.47% of AB High Yield ETF worth $54,845,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HYFI. MMA Asset Management LLC bought a new position in AB High Yield ETF in the 4th quarter worth about $200,000. Sigma Planning Corp purchased a new position in AB High Yield ETF during the 4th quarter worth $206,000. Atria Wealth Solutions Inc. grew its stake in shares of AB High Yield ETF by 10.6% during the fourth quarter. Atria Wealth Solutions Inc. now owns 6,494 shares of the company’s stock worth $241,000 after acquiring an additional 622 shares during the last quarter. Jane Street Group LLC acquired a new position in AB High Yield ETF during the 3rd quarter valued at approximately $265,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of AB High Yield ETF by 6.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,156 shares of the company’s stock valued at $375,000 after acquiring an additional 633 shares during the period.

AB High Yield ETF Stock Performance

Shares of NYSEARCA:HYFI opened at $36.96 on Friday. AB High Yield ETF has a 52-week low of $34.94 and a 52-week high of $40.14. The business has a 50-day moving average price of $37.21 and a 200-day moving average price of $37.23.

AB High Yield ETF Profile

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.