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In a few short years, AllianceBernstein (AB) has transformed from an ETF newcomer into a strong and diverse provider of actively managed ETFs. Since launching its initial suite in 2022, the firm has seen considerable demand.
AB Conservative Buffer ETF (NASDAQ: BUFC - Get Free Report) saw strong trading volume on Friday. 46,773 shares were traded during mid-day trading, an increase of 31% from the previous session's volume of 35,720 shares.The stock last traded at $41.50 and had previously closed at $41.44. AB Conservative Buffer ETF Stock Up 0.1% The firm
BUFC offers capped S&P 500 upside and a 15% downside buffer, making it ideal for risk-averse investors focused on capital preservation. The ETF uses FLEX options on SPY to achieve its objectives, successfully minimizing drawdowns during recent market volatility. With a higher-than-average 0.69% expense ratio and limited track record, BUFC is best used alongside SPY for balanced risk and return.
On the heels of crossing the $1 billion threshold in active ETF AUM, AllianceBernstein has launched five active exchange-traded funds today: two on the New York Stock Exchange, and three on the Nasdaq.
SEC filings for BUFC aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.