Alliancebernstein L.P. Purchases 1,410,754 Shares of AB Conservative Buffer ETF (NASDAQ:BUFC)

Alliancebernstein L.P. raised its position in AB Conservative Buffer ETF (NASDAQ:BUFC) by 11.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,728,764 shares of the company’s stock after purchasing an additional 1,410,754 shares during the quarter. Alliancebernstein L.P. owned 73.81% of AB Conservative Buffer ETF worth $537,756,000 at the end of the most recent reporting period.

Separately, Ausdal Financial Partners Inc. raised its position in AB Conservative Buffer ETF by 5.9% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,886 shares of the company’s stock valued at $466,000 after buying an additional 663 shares during the last quarter.

AB Conservative Buffer ETF Stock Performance

NASDAQ BUFC opened at $38.62 on Monday. AB Conservative Buffer ETF has a 52 week low of $35.96 and a 52 week high of $40.10. The stock’s 50 day moving average price is $39.26 and its two-hundred day moving average price is $39.07. The stock has a market capitalization of $718.33 million, a price-to-earnings ratio of 26.22 and a beta of 0.22.

AB Conservative Buffer ETF Company 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.