Truist Financial Corp Sells 916 Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Truist Financial Corp cut its holdings in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,774 shares of the company’s stock after selling 916 shares during the quarter. Truist Financial Corp owned approximately 0.12% of FT Vest U.S. Equity Buffer ETF – August worth $739,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FAUG. CoreCap Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the second quarter worth about $399,000. TFB Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – August in the 2nd quarter valued at $332,000. First Heartland Consultants Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 4.2% during the 2nd quarter. First Heartland Consultants Inc. now owns 11,237 shares of the company’s stock valued at $495,000 after purchasing an additional 453 shares in the last quarter. Triad Wealth Partners LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – August during the second quarter valued at $75,000. Finally, Envestnet Portfolio Solutions Inc. grew its position in FT Vest U.S. Equity Buffer ETF – August by 6.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 11,586 shares of the company’s stock worth $511,000 after buying an additional 666 shares in the last quarter.

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

Shares of BATS FAUG opened at $46.12 on Tuesday. The business has a fifty day simple moving average of $45.00 and a 200-day simple moving average of $44.03. The company has a market cap of $645.71 million, a price-to-earnings ratio of 24.05 and a beta of 0.65.

FT Vest U.S. Equity Buffer ETF – August Company 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.