Symphony Financial Services Inc. Increases Stock Position in FT Vest Laddered Buffer ETF $BUFR

Symphony Financial Services Inc. lifted its stake in FT Vest Laddered Buffer ETF (BATS:BUFR) by 5.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 491,555 shares of the company’s stock after purchasing an additional 25,733 shares during the quarter. FT Vest Laddered Buffer ETF accounts for approximately 8.5% of Symphony Financial Services Inc.’s investment portfolio, making the stock its 2nd largest holding. Symphony Financial Services Inc.’s holdings in FT Vest Laddered Buffer ETF were worth $16,600,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Parallel Advisors LLC acquired a new position in FT Vest Laddered Buffer ETF in the 4th quarter valued at $89,000. Gradient Capital Advisors LLC bought a new position in FT Vest Laddered Buffer ETF in the 4th quarter valued at about $219,000. Sunbelt Securities Inc. acquired a new position in shares of FT Vest Laddered Buffer ETF in the 3rd quarter valued at approximately $227,000. MTM Investment Management LLC lifted its holdings in shares of FT Vest Laddered Buffer ETF by 138.3% during the 1st quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock worth $241,000 after acquiring an additional 4,150 shares during the period. Finally, Ameriprise Financial Inc. acquired a new stake in shares of FT Vest Laddered Buffer ETF during the 3rd quarter worth approximately $261,000.

FT Vest Laddered Buffer ETF Price Performance

Shares of BATS:BUFR opened at $36.56 on Monday. The company’s 50 day simple moving average is $36.38 and its 200 day simple moving average is $35.20. The stock has a market capitalization of $7.90 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. FT Vest Laddered Buffer ETF has a 1 year low of $31.93 and a 1 year high of $37.26.

FT Vest Laddered Buffer ETF Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.