Bailard Inc. Invests $494,000 in AB Conservative Buffer ETF $BUFC

Bailard Inc. bought a new position in AB Conservative Buffer ETF (NASDAQ:BUFC) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,963 shares of the company’s stock, valued at approximately $494,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BUFC. Assetmark Inc. purchased a new stake in shares of AB Conservative Buffer ETF in the 3rd quarter worth about $188,000. NewEdge Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF in the 1st quarter worth about $426,000. Ausdal Financial Partners Inc. grew its position in shares of AB Conservative Buffer ETF by 9.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 13,332 shares of the company’s stock worth $526,000 after buying an additional 1,190 shares during the period. N.E.W. Advisory Services LLC grew its position in shares of AB Conservative Buffer ETF by 320.6% in the 4th quarter. N.E.W. Advisory Services LLC now owns 20,799 shares of the company’s stock worth $860,000 after buying an additional 15,854 shares during the period. Finally, Susquehanna International Group LLP grew its position in shares of AB Conservative Buffer ETF by 534.9% in the 3rd quarter. Susquehanna International Group LLP now owns 77,237 shares of the company’s stock worth $3,138,000 after buying an additional 65,072 shares during the period.

AB Conservative Buffer ETF Price Performance

NASDAQ:BUFC opened at $42.24 on Friday. AB Conservative Buffer ETF has a 1-year low of $38.40 and a 1-year high of $42.28. The firm’s 50-day moving average price is $41.25 and its 200-day moving average price is $41.25. The company has a market capitalization of $1.05 billion, a PE 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.