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

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares reached a new 52-week high on Monday . The stock traded as high as $29.73 and last traded at $29.72, with a volume of 7762 shares. The stock had previously closed at $29.57.

FT Vest Laddered Deep Buffer ETF Trading Up 0.5%

The company’s 50-day moving average price is $29.20 and its two-hundred day moving average price is $28.59. The company has a market cap of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

A number of institutional investors have recently modified their holdings of the business. Legacy Financial Group LLC raised its stake in FT Vest Laddered Deep Buffer ETF by 1.1% during the fourth quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock worth $56,407,000 after acquiring an additional 22,157 shares during the period. Royal Bank of Canada raised its stake in FT Vest Laddered Deep Buffer ETF by 7.0% during the fourth quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock worth $15,347,000 after acquiring an additional 35,516 shares during the period. Wedbush Securities Inc. raised its stake in FT Vest Laddered Deep Buffer ETF by 2.6% during the fourth quarter. Wedbush Securities Inc. now owns 221,908 shares of the company’s stock worth $6,267,000 after acquiring an additional 5,718 shares during the period. Advisory Services Network LLC raised its stake in FT Vest Laddered Deep Buffer ETF by 0.7% during the fourth quarter. Advisory Services Network LLC now owns 181,903 shares of the company’s stock worth $5,137,000 after acquiring an additional 1,224 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in FT Vest Laddered Deep Buffer ETF by 13.8% during the first quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock worth $1,605,000 after acquiring an additional 6,945 shares during the period.

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.