Good Life Advisors LLC Reduces Stock Position in AB High Yield ETF (NYSEARCA:HYFI)

Good Life Advisors LLC reduced its holdings in shares of AB High Yield ETF (NYSEARCA:HYFI) by 7.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,791 shares of the company’s stock after selling 640 shares during the quarter. Good Life Advisors LLC owned about 0.22% of AB High Yield ETF worth $287,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. bought a new stake in AB High Yield ETF during the 3rd quarter worth approximately $463,000. Private Advisor Group LLC increased its holdings in AB High Yield ETF by 192.7% during the 3rd quarter. Private Advisor Group LLC now owns 88,392 shares of the company’s stock worth $3,324,000 after acquiring an additional 58,196 shares during the period. Jane Street Group LLC bought a new stake in AB High Yield ETF during the 3rd quarter worth approximately $265,000. IHT Wealth Management LLC bought a new stake in AB High Yield ETF during the 3rd quarter worth approximately $4,321,000. Finally, CWM LLC bought a new stake in AB High Yield ETF during the 3rd quarter worth approximately $72,000.

AB High Yield ETF Stock Down 0.3 %

AB High Yield ETF stock opened at $37.33 on Friday. The firm’s 50 day simple moving average is $37.15 and its 200 day simple moving average is $37.21. AB High Yield ETF has a 1-year low of $34.94 and a 1-year high of $38.79.

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.