FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Reaches New 52-Week High – Should You Buy?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares hit a new 52-week high on Monday . The stock traded as high as $29.98 and last traded at $29.97, with a volume of 18539 shares. The stock had previously closed at $29.89.

FT Vest Laddered Deep Buffer ETF Price Performance

The firm has a market capitalization of $1.51 billion, a PE ratio of 24.83 and a beta of 0.41. The company’s fifty day simple moving average is $29.71 and its 200 day simple moving average is $29.00.

Institutional Trading of FT Vest Laddered Deep Buffer ETF

A number of institutional investors have recently modified their holdings of BUFD. Advisory Services Network LLC boosted its holdings in FT Vest Laddered Deep Buffer ETF by 0.7% in the 4th quarter. Advisory Services Network LLC now owns 181,903 shares of the company’s stock worth $5,137,000 after buying an additional 1,224 shares during the period. Parallel Advisors LLC bought a new stake in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at $36,000. Janney Montgomery Scott LLC lifted its position in shares of FT Vest Laddered Deep Buffer ETF by 10.4% during the first quarter. Janney Montgomery Scott LLC now owns 28,549 shares of the company’s stock worth $799,000 after acquiring an additional 2,680 shares in the last quarter. Private Trust Co. NA lifted its position in shares of FT Vest Laddered Deep Buffer ETF by 26.0% during the fourth quarter. Private Trust Co. NA now owns 17,181 shares of the company’s stock worth $485,000 after acquiring an additional 3,549 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of FT Vest Laddered Deep Buffer ETF by 41.2% in the second quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock valued at $393,000 after purchasing an additional 3,860 shares in the last quarter.

About FT Vest Laddered Deep Buffer ETF

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.