FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Sets New 12-Month High – Should You Buy?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s share price reached a new 52-week high on Wednesday . The company traded as high as $29.94 and last traded at $29.89, with a volume of 12191 shares. The stock had previously closed at $29.88.

FT Vest Laddered Deep Buffer ETF Stock Down 0.1%

The company has a market capitalization of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41. The company’s 50-day moving average is $29.60 and its two-hundred day moving average is $28.84.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Several institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. bought a new position in FT Vest Laddered Deep Buffer ETF during the third quarter valued at approximately $1,182,000. Royal Bank of Canada grew its holdings in shares of FT Vest Laddered Deep Buffer ETF by 7.0% during the 4th quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock valued at $15,347,000 after purchasing an additional 35,516 shares during the last quarter. Legacy Financial Group LLC raised its position in FT Vest Laddered Deep Buffer ETF by 1.1% in the 4th quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock worth $56,407,000 after purchasing an additional 22,157 shares during the period. Twin Peaks Wealth Advisors LLC raised its position in FT Vest Laddered Deep Buffer ETF by 123.9% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 30,568 shares of the company’s stock worth $872,000 after purchasing an additional 16,915 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in FT Vest Laddered Deep Buffer ETF in the second quarter worth $463,000.

FT Vest Laddered Deep Buffer ETF Company Profile

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.