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Stock impact report

AllianceBernstein Finalizes Two New ETF Conversions [Yahoo! Finance]

Equitable Holdings, Inc. (EQH) 
Last equitable holdings, inc. earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
June 10, 2024 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P., a leading global investment management firm, announced today the launch of two actively managed exchange-traded funds (ETFs) on the New York Stock Exchange AB Short Duration Income ETF [NYSE: SDFI] and AB Short Duration High Yield ETF [NYSE: SYFI] . Global trading firm Jane Street will be the Lead Market Maker on these products. "When you observe the ETF market and the spectrum of investors in this space, you can see how active ETFs have really started to take root," said AB Global Head of ETFs and Portfolio Solutions Noel Archard. "We're excited to provide new ways for our clients to access allocation-friendly exposures in their portfolios." Details on the funds include: SDFI is an actively managed, short duration multisector bond ETF. The investment objective of AB Short Duration Income ETF is to seek high current income consistent with preservation of capital. SYFI is an acti Show less Read more
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