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

Shares of FT Vest Laddered Deep Buffer ETF (BATS:BUFD) hit a new 52-week high on Monday . The stock traded as high as $30.26 and last traded at $30.21, with a volume of 3785 shares traded. The stock had previously closed at $30.24.

FT Vest Laddered Deep Buffer ETF Stock Down 0.1%

The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 24.83 and a beta of 0.41. The business’s 50-day simple moving average is $29.77 and its two-hundred day simple moving average is $29.06.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

A number of hedge funds have recently made changes to their positions in BUFD. Ameriprise Financial Inc. purchased a new position in FT Vest Laddered Deep Buffer ETF during the 3rd quarter valued at about $1,182,000. Royal Bank of Canada grew its position in FT Vest Laddered Deep Buffer ETF by 7.0% in the 4th quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock valued at $15,347,000 after acquiring an additional 35,516 shares in the last quarter. Legacy Financial Group LLC increased 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 purchasing an additional 22,157 shares during the period. Twin Peaks Wealth Advisors LLC increased its stake in FT Vest Laddered Deep Buffer ETF by 123.9% during the fourth 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. acquired a new stake in shares of FT Vest Laddered Deep Buffer ETF during the second quarter worth about $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.