WealthPlan Investment Management LLC Acquires New Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

WealthPlan Investment Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 166,516 shares of the company’s stock, valued at approximately $7,618,000. WealthPlan Investment Management LLC owned 1.19% of FT Vest U.S. Equity Buffer ETF – August as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of FAUG. Creative Financial Designs Inc. ADV purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter valued at approximately $40,000. Triad Wealth Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the second quarter worth approximately $75,000. DHJJ Financial Advisors Ltd. increased its position in FT Vest U.S. Equity Buffer ETF – August by 68.2% during the third quarter. DHJJ Financial Advisors Ltd. now owns 4,043 shares of the company’s stock worth $185,000 after purchasing an additional 1,640 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the second quarter worth approximately $227,000. Finally, Jaffetilchin Investment Partners LLC increased its position in FT Vest U.S. Equity Buffer ETF – August by 8.4% during the first quarter. Jaffetilchin Investment Partners LLC now owns 5,406 shares of the company’s stock worth $232,000 after purchasing an additional 418 shares during the last quarter.

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

Shares of FAUG stock opened at $46.74 on Tuesday. The stock’s 50 day moving average is $45.57 and its 200 day moving average is $44.53. The firm has a market capitalization of $654.37 million, a price-to-earnings ratio of 24.05 and a beta of 0.65.

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.