Truist Financial Corp Increases Stake in FT Cboe Vest U.S. Equity Moderate Buffer ETF – March

Truist Financial Corp has significantly increased its investment in the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March, listed under NYSEARCA:GMAR. According to the firm's most recent Form 13F filing with the Securities and Exchange Commission, Truist Financial raised its holdings by an impressive 98.9% during the second quarter of the year. After acquiring an additional 17,115 shares, it now owns a total of 34,419 shares.

This represents a 0.32% stake in the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March, valued at approximately $1,220,000 at the end of the last quarter. Truist's move highlights its confidence in the fund's strategy and potential for growth.

Other institutional investors and hedge funds have also been active in adjusting their positions in the FT Cboe Vest U.S. Equity Moderate Buffer ETF – March. For instance, Integrity Financial Corp WA made a new investment in the first quarter worth around $26,000. Hazlett Burt & Watson Inc. similarly purchased new shares valued at about $43,000 during the same period.

Furthermore, WR Wealth Planners LLC bought a stake in this ETF valued at $43,000 in the second quarter, while Clear Point Advisors Inc. added a stake worth approximately $46,000. Centaurus Financial Inc. also made a noteworthy investment in the fourth quarter, purchasing shares worth about $102,000.

Performance of FT Cboe Vest U.S. Equity Moderate Buffer ETF – March

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March opened trading at $36.82 recently. The ETF has shown significant variability over the past year, with a low of $31.04 and a high reaching $36.82. Currently, its 50-day moving average stands at $36.11, and the two-hundred-day moving average is $35.31, indicating some consistent price behavior.

Company Overview

The FT Cboe Vest U.S. Equity Moderate Buffer ETF – March, also known as GMAR, is an exchange-traded fund primarily focused on large-cap equity investments. The fund aims to provide investors with buffered losses and capped gains on the SPY ETF over a specified holding period, employing an active management strategy that includes options and collateral. Launched on March 17, 2023, GMAR is managed by First Trust.

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Truist, ETF, Investment