Alliancebernstein L.P. Has $753.24 Million Stake in AB Conservative Buffer ETF $BUFC

Alliancebernstein L.P. grew its position in AB Conservative Buffer ETF (NASDAQ:BUFC) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,539,111 shares of the company’s stock after buying an additional 186,458 shares during the quarter. Alliancebernstein L.P. owned 79.23% of AB Conservative Buffer ETF worth $753,244,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BUFC. NewEdge Advisors LLC acquired a new stake in shares of AB Conservative Buffer ETF during the 1st quarter worth approximately $426,000. Assetmark Inc. acquired a new position in AB Conservative Buffer ETF during the third quarter valued at approximately $188,000. Finally, Ausdal Financial Partners Inc. raised its position in AB Conservative Buffer ETF by 9.8% during the second quarter. Ausdal Financial Partners Inc. now owns 13,332 shares of the company’s stock valued at $526,000 after purchasing an additional 1,190 shares in the last quarter.

AB Conservative Buffer ETF Price Performance

NASDAQ BUFC opened at $40.72 on Friday. The business has a fifty day moving average price of $41.39 and a two-hundred day moving average price of $40.99. The stock has a market capitalization of $989.50 million, a PE ratio of 25.09 and a beta of 0.24. AB Conservative Buffer ETF has a fifty-two week low of $35.00 and a fifty-two week high of $41.76.

AB Conservative Buffer ETF Profile

The AB Conservative Buffer ETF (BUFC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15% decline. The fund resets its buffer and cap levels every three-months BUFC was launched on Dec 13, 2023 and is issued by AB Funds.