Envestnet Asset Management Inc. lowered its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 48.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,610 shares of the company’s stock after selling 193,970 shares during the period. Envestnet Asset Management Inc. owned 0.71% of AB Ultra Short Income ETF worth $10,470,000 at the end of the most recent quarter. Get AB Ultra Sho ...

Core Viewpoint - Annex Advisory Services LLC significantly reduced its holdings in Invesco National AMT-Free Municipal Bond ETF by 87.3% in Q3, indicating a major shift in investment strategy [2] Group 1: Institutional Holdings - Annex Advisory Services LLC sold 363,755 shares, leaving it with 52,913 shares valued at $1,222,000 at the end of Q3 [2] - Farther Finance Advisors LLC increased its stake by 11.0% in Q2, now owning 6,901 shares worth $155,000 after purchasing an additional 682 shares [3] - PAX Financial Group LLC also raised its position by 11.0% in Q2, owning 11,845 shares valued at $265,000 after buying 1,172 shares [3] - Choreo LLC boosted its stake by 2.7% in Q2, now holding 45,380 shares valued at $1,016,000 after acquiring 1,173 shares [3] - MAI Capital Management established a new position valued at approximately $32,000 in Q2 [3] - Advisory Alpha LLC grew its position by 5.4% in Q2, now owning 28,814 shares valued at $645,000 after acquiring 1,470 shares [3] Group 2: Price Performance - Invesco National AMT-Free Municipal Bond ETF shares opened at $23.21, with a 12-month low of $21.49 and a high of $23.79 [4] - The stock has a 50-day moving average price of $23.28 and a 200-day moving average price of $22.79 [4] Group 3: Company Profile - Invesco National AMT-Free Municipal Bond ETF (PZA) primarily invests in investment-grade fixed income, tracking an index of tax-exempt debt issued by US states with at least 15 years remaining to maturity [5] - The fund was launched on October 11, 2007, and is managed by Invesco [5]