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

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $29.61 and last traded at $29.59, with a volume of 277786 shares traded. The stock had previously closed at $29.55.

FT Vest Laddered Deep Buffer ETF Trading Up 0.1%

The company’s 50 day moving average price is $28.78 and its two-hundred day moving average price is $28.42. The firm has a market cap of $1.48 billion, a PE ratio of 24.83 and a beta of 0.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BUFD. Wedbush Securities Inc. boosted its stake in shares of FT Vest Laddered Deep Buffer ETF by 30.0% during the 3rd quarter. Wedbush Securities Inc. now owns 216,190 shares of the company’s stock worth $5,975,000 after acquiring an additional 49,847 shares during the last quarter. Symphony Financial Services Inc. boosted its stake in shares of FT Vest Laddered Deep Buffer ETF by 12.9% during the 3rd quarter. Symphony Financial Services Inc. now owns 19,725 shares of the company’s stock worth $545,000 after acquiring an additional 2,250 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in shares of FT Vest Laddered Deep Buffer ETF during the 3rd quarter worth $1,182,000. CoreCap Advisors LLC boosted its stake in shares of FT Vest Laddered Deep Buffer ETF by 34.8% during the 4th quarter. CoreCap Advisors LLC now owns 16,066 shares of the company’s stock worth $454,000 after acquiring an additional 4,147 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of FT Vest Laddered Deep Buffer ETF during the 4th quarter worth $376,000.

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.