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

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) reached a new 52-week high on Tuesday . The stock traded as high as $29.13 and last traded at $29.13, with a volume of 158973 shares changing hands. The stock had previously closed at $29.11.

FT Vest Laddered Deep Buffer ETF Price Performance

The company has a market capitalization of $1.46 billion, a PE ratio of 24.83 and a beta of 0.41. The company has a 50-day moving average of $28.39 and a two-hundred day moving average of $28.20.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors boosted its holdings in FT Vest Laddered Deep Buffer ETF by 0.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 52,946 shares of the company’s stock worth $1,463,000 after buying an additional 480 shares during the period. Root Financial Partners LLC bought a new position in FT Vest Laddered Deep Buffer ETF in the 3rd quarter worth $42,000. Twin Peaks Wealth Advisors LLC boosted its holdings in FT Vest Laddered Deep Buffer ETF by 3.5% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 13,653 shares of the company’s stock worth $377,000 after buying an additional 465 shares during the period. Wedbush Securities Inc. boosted its holdings in FT Vest Laddered Deep Buffer ETF by 30.0% in the 3rd quarter. Wedbush Securities Inc. now owns 216,190 shares of the company’s stock worth $5,975,000 after buying an additional 49,847 shares during the period. Finally, Symphony Financial Services Inc. boosted its holdings in FT Vest Laddered Deep Buffer ETF by 12.9% in the 3rd 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 during the period.

About FT Vest Laddered Deep Buffer ETF

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.