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AllianceBernstein Launches First Active ETFs

AllianceBernstein Holding L.P. has today announced the launch of two new actively managed ETFs tradings on the NYSE. The ETFs are, the AB Ultra Short Income ETF (YEAR) and the AB Tax-Aware Short Duration Municipal ETF (TAFI).

ETF Newz Says:

The launch marks the first actively managed ETFs from AllianceBernstein with the global trading firm Jane Street, acting as the Lead Market Maker.