Western Wealth Management LLC Sells 4,768 Shares of FT Vest Laddered Buffer ETF $BUFR

Western Wealth Management LLC cut its position in FT Vest Laddered Buffer ETF (BATS:BUFR) by 2.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 164,483 shares of the company’s stock after selling 4,768 shares during the quarter. Western Wealth Management LLC’s holdings in FT Vest Laddered Buffer ETF were worth $5,231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wedbush Securities Inc. raised its stake in FT Vest Laddered Buffer ETF by 11.5% during the 1st quarter. Wedbush Securities Inc. now owns 139,148 shares of the company’s stock worth $4,131,000 after buying an additional 14,339 shares during the period. Brio Consultants LLC bought a new stake in shares of FT Vest Laddered Buffer ETF in the first quarter worth about $475,000. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of FT Vest Laddered Buffer ETF by 5.7% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 62,245 shares of the company’s stock worth $1,848,000 after purchasing an additional 3,335 shares during the period. Cozad Asset Management Inc. raised its position in shares of FT Vest Laddered Buffer ETF by 7.7% during the first quarter. Cozad Asset Management Inc. now owns 42,239 shares of the company’s stock worth $1,254,000 after purchasing an additional 3,008 shares during the period. Finally, Arkadios Wealth Advisors lifted its holdings in shares of FT Vest Laddered Buffer ETF by 11.3% during the 1st quarter. Arkadios Wealth Advisors now owns 136,689 shares of the company’s stock valued at $4,058,000 after purchasing an additional 13,894 shares in the last quarter.

FT Vest Laddered Buffer ETF Stock Performance

Shares of BUFR opened at $33.60 on Friday. The stock has a 50 day simple moving average of $33.45 and a 200 day simple moving average of $32.26. FT Vest Laddered Buffer ETF has a 52-week low of $26.79 and a 52-week high of $32.38. The firm has a market capitalization of $7.26 billion, a PE ratio of 24.43 and a beta of 0.61.

FT Vest Laddered Buffer ETF Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.