FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Hits New 1-Year High – Should You Buy?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $29.81 and last traded at $29.76, with a volume of 10230 shares traded. The stock had previously closed at $29.72.

FT Vest Laddered Deep Buffer ETF Stock Performance

The company has a 50 day moving average of $29.50 and a 200 day moving average of $28.75. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 24.83 and a beta of 0.41.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

Large investors have recently made changes to their positions in the company. Legacy Financial Group LLC increased its position in shares of FT Vest Laddered Deep Buffer ETF by 1.1% during the 4th quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock worth $56,407,000 after purchasing an additional 22,157 shares in the last quarter. Royal Bank of Canada boosted its position in FT Vest Laddered Deep Buffer ETF by 7.0% in the fourth quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock valued at $15,347,000 after buying an additional 35,516 shares in the last quarter. Wedbush Securities Inc. grew its stake in FT Vest Laddered Deep Buffer ETF by 2.6% during the fourth quarter. Wedbush Securities Inc. now owns 221,908 shares of the company’s stock worth $6,267,000 after buying an additional 5,718 shares during the last quarter. Advisory Services Network LLC grew its stake in 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 during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of FT Vest Laddered Deep Buffer ETF by 13.8% during the first quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock worth $1,605,000 after buying an additional 6,945 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.