Oppenheimer & Co. Inc. Has $927,000 Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Oppenheimer & Co. Inc. increased its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 19.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,392 shares of the company’s stock after buying an additional 6,738 shares during the period. Oppenheimer & Co. Inc. owned 0.19% of First Trust Long Duration Opportunities ETF worth $927,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of 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 valued at $40,114,000 after purchasing an additional 511,163 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in 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 valued at $22,615,000 after buying an additional 9,260 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of 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 worth $22,186,000 after buying an additional 133,540 shares during the last quarter. GDS Wealth Management boosted its stake in shares of First Trust Long Duration Opportunities ETF by 13.1% during the 3rd quarter. GDS Wealth Management now owns 775,683 shares of the company’s stock worth $17,375,000 after acquiring an additional 89,642 shares in the last quarter. Finally, Stephens Inc. AR increased its holdings in shares of First Trust Long Duration Opportunities ETF by 21.3% during the 3rd quarter. Stephens Inc. AR now owns 729,784 shares of the company’s stock valued at $16,347,000 after acquiring an additional 127,913 shares during the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

LGOV opened at $21.18 on Wednesday. The business has a 50 day moving average price of $21.86 and a 200 day moving average price of $21.58. First Trust Long Duration Opportunities ETF has a twelve month low of $20.07 and a twelve month high of $23.64.

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.