AllianceBernstein (CZWI) discloses 5.6% passive stake in Citizens Community
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
AllianceBernstein L.P. has filed an amended Schedule 13G reporting beneficial ownership of 543,075 shares of Citizens Community Bancorp Inc. common stock, representing 5.6% of the class as of the event date.
AllianceBernstein has sole power to vote and dispose of all 543,075 shares and no shared voting or dispositive power. The shares were acquired solely for investment purposes on behalf of client discretionary investment advisory accounts and are stated as not being held to change or influence control of the issuer.
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FAQ
What percentage of Citizens Community Bancorp Inc (CZWI) does AllianceBernstein own?
AllianceBernstein L.P. reports beneficial ownership of 5.6% of CZWI’s common stock. This equals 543,075 shares, giving AllianceBernstein a significant but minority investment position in the company’s equity base.
Why did AllianceBernstein file an amended Schedule 13G for CZWI?
AllianceBernstein L.P. filed this amended Schedule 13G/A after holding more than 5% of CZWI’s common stock. The filing updates ownership details as of the reported event date while keeping a passive, investment-only certification.
On whose behalf does AllianceBernstein hold its CZWI stake?
The 543,075 CZWI shares are held by AllianceBernstein L.P. on behalf of client discretionary investment advisory accounts. AllianceBernstein manages these holdings, while beneficial ownership is attributed through its advisory role.