AB High Yield ETF (NYSEARCA:HYFI) Trading 0.2% Higher

AB High Yield ETF (NYSEARCA:HYFI) traded up 0.2% during trading on Friday . The company traded as high as $36.18 and last traded at $36.10. 40,445 shares changed hands during trading, an increase of 23% from the average session volume of 32,857 shares. The stock had previously closed at $36.04.

AB High Yield ETF Stock Performance

The stock has a 50-day simple moving average of $36.40 and a 200 day simple moving average of $35.94.

Institutional Investors Weigh In On AB High Yield ETF

A number of institutional investors have recently bought and sold shares of HYFI. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of AB High Yield ETF during the 4th quarter valued at about $39,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of AB High Yield ETF during the 4th quarter valued at about $211,000. Vestmark Advisory Solutions Inc. acquired a new stake in shares of AB High Yield ETF during the 4th quarter valued at about $261,000. Raymond James & Associates acquired a new stake in shares of AB High Yield ETF during the 4th quarter valued at about $267,000. Finally, Gladstone Institutional Advisory LLC acquired a new stake in shares of AB High Yield ETF during the 4th quarter valued at about $280,000.

AB High Yield ETF Company 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.