Sigma Planning Corp reduced its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 58.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,596 shares of the company’s stock after selling 122,077 shares during the quarter. Sigma Planning Corp owned approximately 0.40% of First Trust Long Duration Opportunities ETF worth $1,784,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of LGOV. US Bancorp DE acquired a new position in shares of First Trust Long Duration Opportunities ETF in the 3rd quarter worth approximately $182,000. Kovack Advisors Inc. acquired a new position in First Trust Long Duration Opportunities ETF during the 3rd quarter worth $210,000. Private Client Services LLC lifted 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 worth $236,000 after buying an additional 2,227 shares in the last quarter. Concorde Asset Management LLC acquired a new position in First Trust Long Duration Opportunities ETF during the 3rd quarter worth $248,000. Finally, Householder Group Estate & Retirement Specialist LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 565.2% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock worth $257,000 after buying an additional 10,512 shares in the last quarter.
First Trust Long Duration Opportunities ETF Stock Up 0.3 %
NYSEARCA:LGOV opened at $21.10 on Monday. The stock’s fifty day moving average price is $20.87 and its two-hundred day moving average price is $21.51. First Trust Long Duration Opportunities ETF has a 52-week low of $20.07 and a 52-week 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.
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