Stuart Chaussee & Associates Inc. has significantly expanded its investment portfolio by acquiring a new position in the Ft Vest Us Eq Qua Dyn Buf (NYSEARCA:FHDG) during the third quarter of 2023. According to the firm’s latest 13F filing with the U.S. Securities and Exchange Commission, the company purchased 2,640,452 shares valued at approximately $87,056,000. This acquisition makes FHDG approximately 19.0% of Stuart Chaussee’s total investment portfolio, ranking it as the firm’s second largest holding.
As of the most recent SEC filing, Stuart Chaussee & Associates Inc. owned 1.13% of Ft Vest Us Eq Qua Dyn Buf. This move reflects a trend among institutional investors, as several other hedge funds have also adjusted their stakes in the ETF.
Pitti Group Wealth Management LLC boosted its position in FHDG by 8.8% during the second quarter, now owning 7,990 shares worth $254,000 after acquiring an additional 645 shares. Similarly, Sage Capital Advisors LLC increased its stake by 2.0%, adding 1,311 shares during the third quarter, bringing its total to 65,448 shares, valued at $2,158,000.
Other firms, including Captrust Financial Advisors and RFG Advisory LLC, both acquired new stakes valued at $1,230,000 and $4,206,000, respectively, during the same period. Maia Wealth LLC also joined the ranks of new investors, purchasing a stake worth approximately $6,528,000.
Performance and Strategy of Ft Vest Us Eq Qua Dyn Buf
Shares of Ft Vest Us Eq Qua Dyn Buf opened at $34.05 on Tuesday, reflecting a solid performance for the ETF. The fund has a 50-day moving average price of $33.58 and a 200-day moving average price of $32.84. Over the past year, the ETF has experienced a low of $27.19 and a high of $34.07.
The FT Vest U.S. Equity Quarterly Dynamic Buffer ETF (FHDG) primarily invests in large-cap equity. Its objective is to mirror returns that align with the SPDR S&P 500 ETF Trust’s price performance, subject to a predefined upside cap. To mitigate losses, the fund provides a dynamic buffer of 5% or 7.5% over a three-month period. This strategy employs FLEX options and resets its cap and buffer quarterly. Launched on November 15, 2024, FHDG is issued by First Trust.
For those interested in following the movements of FHDG, HoldingsChannel.com offers insights into the latest 13F filings and insider trades. Additionally, MarketBeat.com provides a daily summary of news and analysts’ ratings for FHDG and related companies, available via a complimentary email newsletter.
As institutional interest in FHDG continues to grow, the dynamics of the ETF market remain a critical area for investors to monitor.
