First Trust Long Duration Opportunities ETF $LGOV Shares Sold by Brookwood Investment Group LLC

Brookwood Investment Group LLC lessened its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 29.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 507,061 shares of the company’s stock after selling 213,682 shares during the quarter. First Trust Long Duration Opportunities ETF comprises approximately 1.8% of Brookwood Investment Group LLC’s investment portfolio, making the stock its 11th largest holding. Brookwood Investment Group LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $10,861,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. RFG Advisory LLC increased its holdings in First Trust Long Duration Opportunities ETF by 15.4% in the 2nd quarter. RFG Advisory LLC now owns 19,020 shares of the company’s stock worth $407,000 after buying an additional 2,545 shares during the period. Atria Wealth Solutions Inc. increased its holdings in First Trust Long Duration Opportunities ETF by 14.9% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 662,844 shares of the company’s stock worth $14,198,000 after buying an additional 86,159 shares during the period. CWM LLC increased its holdings in First Trust Long Duration Opportunities ETF by 93.3% in the 2nd quarter. CWM LLC now owns 2,598 shares of the company’s stock worth $56,000 after buying an additional 1,254 shares during the period. Apollon Wealth Management LLC increased its holdings in First Trust Long Duration Opportunities ETF by 14.8% in the 2nd quarter. Apollon Wealth Management LLC now owns 15,949 shares of the company’s stock worth $342,000 after buying an additional 2,056 shares during the period. Finally, IFP Advisors Inc increased its holdings in First Trust Long Duration Opportunities ETF by 103.8% in the 2nd quarter. IFP Advisors Inc now owns 171,636 shares of the company’s stock worth $3,676,000 after buying an additional 87,401 shares during the period. Institutional investors and hedge funds own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Trading Up 0.2%

Shares of NYSEARCA:LGOV opened at $22.18 on Monday. First Trust Long Duration Opportunities ETF has a twelve month low of $19.91 and a twelve month high of $22.24. The company’s 50 day moving average is $21.81 and its 200 day moving average is $21.41. The company has a market cap of $663.18 million, a PE ratio of -11,636.94 and a beta of 0.12.

First Trust Long Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be paid a dividend of $0.0775 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. First Trust Long Duration Opportunities ETF’s dividend payout ratio (DPR) is presently -49,317.94%.

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.