4,442 Shares in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Bought by Rossby Financial LCC

Rossby Financial LCC bought a new stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,442 shares of the company’s stock, valued at approximately $95,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its stake in shares of First Trust Long Duration Opportunities ETF by 588.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,770 shares of the company’s stock worth $37,000 after acquiring an additional 1,513 shares during the last quarter. Private Trust Co. NA raised its position in shares of First Trust Long Duration Opportunities ETF by 41.6% in the 4th quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock valued at $69,000 after purchasing an additional 967 shares during the last quarter. GPS Wealth Strategies Group LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $92,000. Tucker Asset Management LLC grew its position in First Trust Long Duration Opportunities ETF by 121.2% during the 4th quarter. Tucker Asset Management LLC now owns 4,711 shares of the company’s stock worth $98,000 after purchasing an additional 2,581 shares during the last quarter. Finally, US Bancorp DE increased its stake in First Trust Long Duration Opportunities ETF by 30.8% during the 4th quarter. US Bancorp DE now owns 10,628 shares of the company’s stock valued at $221,000 after purchasing an additional 2,500 shares in the last quarter. 0.03% of the stock is currently owned by hedge funds and other institutional investors.

First Trust Long Duration Opportunities ETF Trading Down 0.6%

NYSEARCA LGOV opened at $21.28 on Friday. First Trust Long Duration Opportunities ETF has a 12-month low of $19.91 and a 12-month high of $23.64. The company has a fifty day simple moving average of $21.18 and a two-hundred day simple moving average of $21.14. The stock has a market cap of $701.18 million, a P/E ratio of -11,164.74 and a beta of 0.12.

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.