First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Bought by LPL Financial LLC

LPL Financial LLC raised its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 9.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,194,436 shares of the company’s stock after acquiring an additional 268,657 shares during the quarter. LPL Financial LLC owned 9.83% of First Trust Long Duration Opportunities ETF worth $68,680,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Jane Street Group LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter valued at about $417,000. Orion Portfolio Solutions LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 6.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 121,354 shares of the company’s stock valued at $2,529,000 after acquiring an additional 6,901 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter valued at about $623,000. Envestnet Asset Management Inc. lifted its holdings in First Trust Long Duration Opportunities ETF by 4.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,137,783 shares of the company’s stock valued at $24,462,000 after acquiring an additional 50,300 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in First Trust Long Duration Opportunities ETF by 588.7% in the 4th quarter. Wells Fargo & Company MN now owns 1,770 shares of the company’s stock valued at $37,000 after acquiring an additional 1,513 shares during the last quarter. 0.03% of the stock is owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Trading Down 0.5%

LGOV stock opened at $21.16 on Thursday. First Trust Long Duration Opportunities ETF has a one year low of $19.91 and a one year high of $23.64. The firm has a market capitalization of $639.03 million, a PE ratio of -11,101.78 and a beta of 0.12. The firm has a 50-day moving average of $21.15 and a two-hundred day moving average of $21.19.

First Trust Long Duration Opportunities ETF Company Profile

The First Trust Long Duration Opportunities ETF (LGOV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund holds an actively managed portfolio of US government bonds with an average duration of eight or more years. The fund seeks current income with a focus on capital preservation.