Beacon Financial Group Trims Stake in FT Vest U.S. Equity Buffer ETF – August $FAUG

Beacon Financial Group reduced its holdings in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,928 shares of the company’s stock after selling 251 shares during the period. Beacon Financial Group owned about 0.16% of FT Vest U.S. Equity Buffer ETF – August worth $1,516,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 2.5% in the first quarter. CreativeOne Wealth LLC now owns 160,424 shares of the company’s stock worth $7,297,000 after purchasing an additional 3,852 shares in the last quarter. TFB Advisors LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 16.3% in the first quarter. TFB Advisors LLC now owns 15,589 shares of the company’s stock worth $709,000 after purchasing an additional 2,185 shares in the last quarter. Financial Network Wealth Advisors LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 81.6% in the first quarter. Financial Network Wealth Advisors LLC now owns 1,889 shares of the company’s stock worth $86,000 after purchasing an additional 849 shares in the last quarter. LPL Financial LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 13.0% in the first quarter. LPL Financial LLC now owns 93,997 shares of the company’s stock worth $4,276,000 after purchasing an additional 10,814 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 38.5% in the first quarter. Assetmark Inc. now owns 143,086 shares of the company’s stock worth $6,509,000 after purchasing an additional 39,771 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – August Price Performance

Shares of BATS FAUG opened at $51.58 on Tuesday. The firm has a fifty day moving average price of $50.34 and a 200-day moving average price of $47.66. The stock has a market cap of $981.57 million, a PE ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 1 year low of $41.24 and a 1 year high of $50.02.

FT Vest U.S. Equity Buffer ETF – August Profile

The FT Cboe Vest U.S. Equity Buffer ETF – August (FAUG) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FAUG was launched on Nov 6, 2019 and is managed by First Trust.