Bailard Inc. Acquires New Position in AB Conservative Buffer ETF $BUFC

Bailard Inc. acquired a new stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) during the 4th quarter, Holdings Channel reports. The fund acquired 11,963 shares of the company’s stock, valued at approximately $494,000.

Several other institutional investors also recently bought and sold shares of the company. Alliancebernstein L.P. grew its position in AB Conservative Buffer ETF by 1.0% during the 3rd quarter. Alliancebernstein L.P. now owns 18,539,111 shares of the company’s stock valued at $753,244,000 after purchasing an additional 186,458 shares during the last quarter. Susquehanna International Group LLP grew its position in AB Conservative Buffer ETF by 534.9% during the 3rd quarter. Susquehanna International Group LLP now owns 77,237 shares of the company’s stock valued at $3,138,000 after purchasing an additional 65,072 shares during the last quarter. N.E.W. Advisory Services LLC grew its position in AB Conservative Buffer ETF by 320.6% during the 4th quarter. N.E.W. Advisory Services LLC now owns 20,799 shares of the company’s stock valued at $860,000 after purchasing an additional 15,854 shares during the last quarter. Ausdal Financial Partners Inc. grew its position in AB Conservative Buffer ETF by 9.8% during the 2nd 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 during the last quarter. Finally, NewEdge Advisors LLC grew its position in AB Conservative Buffer ETF by 3.4% during the 3rd quarter. NewEdge Advisors LLC now owns 11,398 shares of the company’s stock valued at $463,000 after purchasing an additional 376 shares during the last quarter.

AB Conservative Buffer ETF Stock Performance

Shares of BUFC stock opened at $42.24 on Friday. AB Conservative Buffer ETF has a one year low of $38.40 and a one year high of $42.28. The company’s 50-day moving average is $41.25 and its 200 day moving average is $41.25. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 25.09 and a beta of 0.26.

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.