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/C O R R E C T I O N -- AllianceBernstein/
AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management firm, announced today the launch of AB US Equity ETF (NYSE: XCHG), an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Citadel Securities is the Lead Market Maker for the Fund.
About this update from Alliancebernstein Holding L.p.
[{"type":"text","content":"In the news release, AllianceBernstein Launches AB US Equity ETF (XCHG) on the New York Stock Exchange, issued 15-Dec-2025 by AllianceBernstein over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:","length":297,"tagName":"p"},{"type":"heading","content":"AllianceBernstein Launches AB US Equity ETF (XCHG) on the New York Stock Exchange","length":81,"tagName":"h3","attribs":{}},{"type":"text","content":"NASHVILLE, Tenn., Dec. 15, 2025 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management firm, announced today the launch of AB US Equity ETF (NYSE: XCHG), an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Citadel Securities is the Lead Market Maker for the Fund.","length":377,"tagName":"p"},{"type":"text","content":""XCHG, the latest addition to our expanding suite of active ETFs, was developed in collaboration with our Bernstein Private Wealth Management team," said AB's Global Head of ETFs & Portfolio Solutions Noel Archard. "By leveraging the 351-exchange mechanism to seed XCHG, this launch exemplifies our firm's commitment to pairing investment expertise with optimal vehicle solutions to address client needs."","length":437,"tagName":"p"},{"type":"text","content":"The investment objective of XCHG is to seek long-term growth of capital. The Adviser seeks to achieve the ETF's investment objective by investing, under normal circumstances, at least 80% of its net assets in equity securities of U.S. companies.","length":249,"tagName":"p"},{"type":"text","content":""The launch of XCHG reflects our ability to be on the cutting edge of tax advice to provide our clients with the best possible outcome," said Bernstein's Chief Investment Officer and Head of Investment and Wealth Strategies Alex Chaloff. "At Bernstein Private Wealth Management, we believe in a holistic approach to investment management that prioritizes tax efficiency and strategic asset allocation. By integrating industry-leading research and sophisticated modeling, we can optimize our clients' portfolios to create greater diversification while minimizing tax impact."","length":602,"tagName":"p"},{...