Captrust Financial Advisors Sells 4,805 Shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Captrust Financial Advisors lowered its stake in shares of AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 35.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,821 shares of the company’s stock after selling 4,805 shares during the quarter. Captrust Financial Advisors’ holdings in AB Short Duration High Yield ETF were worth $315,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. lifted its stake in AB Short Duration High Yield ETF by 4.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,506 shares of the company’s stock valued at $232,000 after buying an additional 282 shares during the period. Wells Fargo & Company MN acquired a new position in AB Short Duration High Yield ETF in the fourth quarter valued at about $63,000. Atria Wealth Solutions Inc. lifted its stake in AB Short Duration High Yield ETF by 3.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 171,180 shares of the company’s stock valued at $6,122,000 after buying an additional 5,245 shares during the period. Commonwealth Equity Services LLC lifted its stake in AB Short Duration High Yield ETF by 1.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 399,623 shares of the company’s stock valued at $14,255,000 after buying an additional 5,682 shares during the period. Finally, Stifel Financial Corp lifted its stake in AB Short Duration High Yield ETF by 19.7% in the fourth quarter. Stifel Financial Corp now owns 43,403 shares of the company’s stock valued at $1,548,000 after buying an additional 7,156 shares during the period.

AB Short Duration High Yield ETF Price Performance

NYSEARCA:SYFI opened at $35.62 on Wednesday. AB Short Duration High Yield ETF has a 1-year low of $33.50 and a 1-year high of $36.29. The business’s 50-day moving average price is $35.25 and its two-hundred day moving average price is $35.66.

AB Short Duration High Yield ETF Profile

The AB Short Duration High Yield ETF (SYFI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of global fixed income securities, primarily with below investment grade ratings, of any maturities. It aims to maintain a dollar-weighted average portfolio duration of less than four years.