Envestnet Portfolio Solutions Inc. increases stake in AB High Yield ETF (NYSEARCA:HYFI)

Envestnet Portfolio Solutions Inc. boosted its holdings in shares of AB High Yield ETF (NYSEARCA:HYFI – Free Report) by 28.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,311 shares of the company’s stock after acquiring an additional 2,077 shares during the quarter. Holdings of Envestnet Portfolio Solutions Inc. in AB High Yield ETF were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Principal Securities Inc. purchased a new stake in AB High Yield ETF in the 4th quarter valued at about $464,000. Platform Technology Partners bought a new position in shares of AB High Yield ETF in the fourth quarter valued at approximately $386,000. Kingsview Wealth Management LLC purchased a new stake in shares of AB High Yield ETF in the fourth quarter valued at $288,000. Gladstone Institutional Advisory LLC bought a new stake in shares of AB High Yield ETF in the 4th quarter valued at $280,000. Finally, Raymond James & Associates bought a new stake in shares of AB High Yield ETF during the fourth quarter valued at $267,000.

AB High Yield ETF shares down 0.3%

Shares of AB High Yield ETF stock opened at $37.09 on Friday. AB High Yield ETF has a fifty-two week low of $33.83 and a fifty-two week high of $38.58. The company has a fifty day moving average of $36.68 and a 200 day moving average of $36.49.

AB High Yield ETF profile

(Free report)

AB High Yield ETF (HYFI) is an exchange-traded fund that invests primarily in high-yield fixed income. The fund is an actively managed fund of high-yield credit-rated fixed income securities of 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.

Further reading

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