Alliancebernstein L.P. Has $73.72 Million Stake in AB Short Duration Income ETF (NYSEARCA:SDFI)

Alliancebernstein L.P. reduced its stake in shares of AB Short Duration Income ETF (NYSEARCA:SDFI) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,091,157 shares of the company’s stock after selling 102,728 shares during the quarter. Alliancebernstein L.P.’s holdings in AB Short Duration Income ETF were worth $73,724,000 as of its most recent SEC filing.

Separately, LPL Financial LLC grew its holdings in shares of AB Short Duration Income ETF by 47.3% in the 4th quarter. LPL Financial LLC now owns 77,786 shares of the company’s stock worth $2,742,000 after purchasing an additional 24,972 shares during the last quarter.

AB Short Duration Income ETF Stock Up 0.3 %

Shares of SDFI stock opened at $35.65 on Friday. The company has a market capitalization of $117.29 million and a P/E ratio of 10.94. AB Short Duration Income ETF has a 12-month low of $34.99 and a 12-month high of $36.06. The firm has a 50-day moving average price of $35.49 and a 200 day moving average price of $35.50.

AB Short Duration Income ETF Profile

The AB Short Duration Income ETF (SDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and foreign income-producing fixed income securities with various credit ratings and maturities. It aims to maintain a dollar-weighted average portfolio duration of less than three years.