US Bancorp DE Makes New $182,000 Investment in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

US Bancorp DE purchased a new position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,128 shares of the company’s stock, valued at approximately $182,000.

Several other institutional investors also recently modified their holdings of the business. LPL Financial LLC grew its holdings in First Trust Long Duration Opportunities ETF by 36.6% during the 2nd quarter. LPL Financial LLC now owns 1,907,465 shares of the company’s stock worth $40,114,000 after acquiring an additional 511,163 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of First Trust Long Duration Opportunities ETF by 0.9% during the second quarter. Envestnet Asset Management Inc. now owns 1,075,365 shares of the company’s stock worth $22,615,000 after purchasing an additional 9,260 shares during the period. Atria Wealth Solutions Inc. increased its holdings in First Trust Long Duration Opportunities ETF by 14.5% in the second quarter. Atria Wealth Solutions Inc. now owns 1,054,953 shares of the company’s stock valued at $22,186,000 after purchasing an additional 133,540 shares during the last quarter. Raymond James & Associates lifted its stake in First Trust Long Duration Opportunities ETF by 181.5% in the third quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock valued at $15,841,000 after buying an additional 456,002 shares during the period. Finally, GDS Wealth Management boosted its holdings in First Trust Long Duration Opportunities ETF by 19.9% during the second quarter. GDS Wealth Management now owns 686,041 shares of the company’s stock worth $14,427,000 after buying an additional 113,836 shares during the last quarter.

First Trust Long Duration Opportunities ETF Stock Up 0.1 %

Shares of LGOV stock opened at $21.08 on Friday. First Trust Long Duration Opportunities ETF has a one year low of $20.07 and a one year high of $23.64. The stock has a 50-day moving average of $21.95 and a 200-day moving average of $21.55.

First Trust Long Duration Opportunities ETF 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.