N.E.W. Advisory Services LLC Makes New Investment in AB Conservative Buffer ETF (NASDAQ:BUFC)

N.E.W. Advisory Services LLC acquired a new position in AB Conservative Buffer ETF (NASDAQ:BUFC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,307 shares of the company’s stock, valued at approximately $800,000. N.E.W. Advisory Services LLC owned approximately 0.14% of AB Conservative Buffer ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Quantum Private Wealth LLC acquired a new position in AB Conservative Buffer ETF in the second quarter worth $413,000.

AB Conservative Buffer ETF Price Performance

AB Conservative Buffer ETF stock opened at $37.99 on Friday. The business’s fifty day moving average is $37.75 and its two-hundred day moving average is $37.00. AB Conservative Buffer ETF has a 52 week low of $35.11 and a 52 week high of $38.23.

About AB Conservative Buffer ETF

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.