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

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $29.51 and last traded at $29.43, with a volume of 5010 shares trading hands. The stock had previously closed at $29.45.

FT Vest Laddered Deep Buffer ETF Price Performance

The firm’s fifty day moving average price is $28.72 and its 200-day moving average price is $28.39. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 24.83 and a beta of 0.41.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Arkadios Wealth Advisors increased its holdings in shares of FT Vest Laddered Deep Buffer ETF by 0.9% during the third quarter. Arkadios Wealth Advisors now owns 52,946 shares of the company’s stock worth $1,463,000 after buying an additional 480 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of 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 buying an additional 1,224 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of FT Vest Laddered Deep Buffer ETF during the fourth quarter worth $36,000. Root Financial Partners LLC acquired a new position in shares of FT Vest Laddered Deep Buffer ETF during the third quarter worth $42,000. Finally, Symphony Financial Services Inc. increased its holdings in shares of FT Vest Laddered Deep Buffer ETF by 12.9% during the third quarter. Symphony Financial Services Inc. now owns 19,725 shares of the company’s stock worth $545,000 after buying an additional 2,250 shares in the last quarter.

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.