Gateway Wealth Partners LLC Lowers Position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Gateway Wealth Partners LLC cut its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,625 shares of the company’s stock after selling 1,187 shares during the quarter. Gateway Wealth Partners LLC owned about 0.25% of First Trust Long Duration Opportunities ETF worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Creative Financial Designs Inc. ADV boosted its holdings in First Trust Long Duration Opportunities ETF by 1.2% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 46,621 shares of the company’s stock valued at $1,044,000 after acquiring an additional 553 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 4.0% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 14,726 shares of the company’s stock valued at $330,000 after acquiring an additional 569 shares during the period. Midwest Financial Group LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 0.9% during the 4th quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after acquiring an additional 956 shares during the period. Private Client Services LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 24.4% during the 4th quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock valued at $236,000 after acquiring an additional 2,227 shares during the period. Finally, Maia Wealth LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 7.0% during the 3rd quarter. Maia Wealth LLC now owns 44,088 shares of the company’s stock valued at $946,000 after acquiring an additional 2,872 shares during the period.

First Trust Long Duration Opportunities ETF Stock Up 0.1 %

LGOV stock opened at $20.95 on Wednesday. The business’s 50-day moving average is $21.04 and its two-hundred day moving average is $21.59. First Trust Long Duration Opportunities ETF has a 1 year low of $20.07 and a 1 year high of $23.64.

About First Trust Long Duration Opportunities ETF

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.