Truist Financial Corp Grows Stock Holdings in AB Short Duration High Yield ETF (NYSEARCA:SYFI)

Truist Financial Corp raised its stake in AB Short Duration High Yield ETF (NYSEARCA:SYFI) by 9.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 162,261 shares of the company’s stock after buying an additional 14,354 shares during the period. Truist Financial Corp’s holdings in AB Short Duration High Yield ETF were worth $5,788,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC purchased a new stake in AB Short Duration High Yield ETF in the 4th quarter valued at about $1,086,000. SOL Capital Management CO boosted its position in AB Short Duration High Yield ETF by 7.6% in the 4th quarter. SOL Capital Management CO now owns 267,188 shares of the company’s stock valued at $9,531,000 after buying an additional 18,839 shares during the period. RMR Capital Management LLC boosted its position in AB Short Duration High Yield ETF by 259.1% in the 4th quarter. RMR Capital Management LLC now owns 118,313 shares of the company’s stock valued at $4,220,000 after buying an additional 85,363 shares during the period. Capital Investment Advisory Services LLC raised its holdings in shares of AB Short Duration High Yield ETF by 21.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 64,569 shares of the company’s stock valued at $2,303,000 after purchasing an additional 11,392 shares in the last quarter. Finally, Howard Financial Services LTD. bought a new stake in shares of AB Short Duration High Yield ETF in the 4th quarter valued at about $309,000.

AB Short Duration High Yield ETF Stock Performance

NYSEARCA:SYFI opened at $36.05 on Friday. AB Short Duration High Yield ETF has a one year low of $34.82 and a one year high of $36.29. The firm has a 50-day simple moving average of $35.91 and a 200-day simple moving average of $35.78.