Brookstone Capital Management Buys Shares of 10,850 FT Vest U.S. Equity Buffer ETF – August $FAUG

Brookstone Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) in the 3rd quarter, Holdings Channel.com reports. The fund bought 10,850 shares of the company’s stock, valued at approximately $563,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FAUG. Stenger Family Office LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – August in the second quarter worth $19,196,000. Wealthcare Advisory Partners LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 1.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 195,667 shares of the company’s stock valued at $9,594,000 after buying an additional 3,193 shares in the last quarter. Assetmark Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 32.1% in the second quarter. Assetmark Inc. now owns 188,985 shares of the company’s stock worth $9,266,000 after buying an additional 45,899 shares during the last quarter. Osaic Holdings Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 7.2% during the 2nd quarter. Osaic Holdings Inc. now owns 177,718 shares of the company’s stock worth $8,617,000 after acquiring an additional 11,904 shares in the last quarter. Finally, MBL Wealth LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 1.2% during the 2nd quarter. MBL Wealth LLC now owns 127,812 shares of the company’s stock valued at $6,267,000 after acquiring an additional 1,477 shares during the last quarter.

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

Shares of FAUG stock opened at $53.15 on Wednesday. The stock’s 50 day simple moving average is $52.45 and its 200 day simple moving average is $51.14. FT Vest U.S. Equity Buffer ETF – August has a twelve month low of $41.24 and a twelve month high of $50.02. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.

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.