AB Moderate Buffer ETF $BUFM Shares Acquired by Alliancebernstein L.P.

Alliancebernstein L.P. boosted its position in AB Moderate Buffer ETF (NASDAQ:BUFM) by 24.5% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,005,367 shares of the company’s stock after purchasing an additional 1,182,939 shares during the quarter. Alliancebernstein L.P. owned about 93.83% of AB Moderate Buffer ETF worth $229,045,000 at the end of the most recent quarter.

Separately, Atlantic Union Bankshares Corp bought a new position in AB Moderate Buffer ETF in the 3rd quarter worth approximately $94,000.

AB Moderate Buffer ETF Stock Performance

BUFM opened at $38.55 on Monday. AB Moderate Buffer ETF has a 12 month low of $32.06 and a 12 month high of $39.76. The stock’s 50 day moving average price is $39.35 and its 200 day moving average price is $38.75.

AB Moderate Buffer ETF Profile

The AB Moderate Buffer ETF (BUFM) 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 10% decline. The fund employs FLEX options to implement this strategy and resets its cap and buffer levels at each outcome period. BUFM was launched on Dec 9, 2024 and is issued by AB Funds.