N.E.W. Advisory Services LLC Decreases Stake in AB Conservative Buffer ETF (NASDAQ:BUFC)

N.E.W. Advisory Services LLC reduced its stake in shares of AB Conservative Buffer ETF (NASDAQ:BUFC) by 13.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,804 shares of the company’s stock after selling 3,298 shares during the period. N.E.W. Advisory Services LLC owned approximately 0.12% of AB Conservative Buffer ETF worth $854,000 at the end of the most recent reporting period.

Separately, HighTower Advisors LLC purchased a new stake in shares of AB Conservative Buffer ETF during the 3rd quarter worth $3,250,000.

AB Conservative Buffer ETF Stock Performance

Shares of NASDAQ BUFC opened at $39.62 on Friday. AB Conservative Buffer ETF has a one year low of $35.65 and a one year high of $39.81. The company’s fifty day moving average is $39.38 and its two-hundred day moving average is $38.67.

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.