FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Sets New 1-Year High – Still a Buy?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares reached a new 52-week high on Wednesday . The stock traded as high as $29.08 and last traded at $28.92, with a volume of 117658 shares traded. The stock had previously closed at $29.01.

FT Vest Laddered Deep Buffer ETF Stock Down 0.1%

The company’s fifty day simple moving average is $28.36 and its two-hundred day simple moving average is $28.17. The company has a market capitalization of $1.45 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

Hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC acquired a new stake in FT Vest Laddered Deep Buffer ETF in the fourth quarter worth $36,000. Root Financial Partners LLC acquired a new stake in FT Vest Laddered Deep Buffer ETF in the third quarter worth $42,000. MN Wealth Advisors LLC acquired a new stake in FT Vest Laddered Deep Buffer ETF in the fourth quarter worth $258,000. Prime Capital Investment Advisors LLC acquired a new stake in FT Vest Laddered Deep Buffer ETF in the fourth quarter worth $376,000. Finally, Private Trust Co. NA raised its holdings in FT Vest Laddered Deep Buffer ETF by 31.6% in the third quarter. Private Trust Co. NA now owns 13,632 shares of the company’s stock worth $377,000 after purchasing an additional 3,271 shares during the period.

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.