FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Trading Up 0.7% – Time to Buy?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s share price was up 0.7% during trading on Monday . The stock traded as high as $28.18 and last traded at $28.06. Approximately 572,739 shares changed hands during mid-day trading, an increase of 100% from the average daily volume of 286,773 shares. The stock had previously closed at $27.86.

FT Vest Laddered Deep Buffer ETF Trading Up 0.7%

The business has a fifty day moving average price of $28.36 and a two-hundred day moving average price of $28.03. The firm has a market capitalization of $1.40 billion, a PE ratio of 24.83 and a beta of 0.41.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

A number of institutional investors have recently made changes to their positions in the stock. Wedbush Securities Inc. raised its stake in shares of 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 valued at $5,975,000 after acquiring an additional 49,847 shares during the period. Ameriprise Financial Inc. acquired a new stake in FT Vest Laddered Deep Buffer ETF in the 3rd quarter valued at approximately $1,182,000. Royal Bank of Canada increased its holdings 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 purchasing an additional 35,516 shares during the last quarter. Legacy Financial Group LLC raised its position in FT Vest Laddered Deep Buffer ETF by 1.1% in the fourth quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock valued at $56,407,000 after purchasing an additional 22,157 shares during the period. Finally, Twin Peaks Wealth Advisors LLC raised its position in FT Vest Laddered Deep Buffer ETF by 123.9% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 30,568 shares of the company’s stock valued at $872,000 after purchasing an additional 16,915 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.