IFP Advisors Inc trimmed its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 9.8% in the fourth quarter, Holdings Channel reports. The firm owned 71,997 shares of the company’s stock after selling 7,843 shares during the quarter. IFP Advisors Inc’s holdings in First Trust Long Duration Opportunities ETF were worth $1,500,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. US Bancorp DE bought a new stake in First Trust Long Duration Opportunities ETF during the third quarter valued at $182,000. Kovack Advisors Inc. bought a new position in shares of First Trust Long Duration Opportunities ETF in the 3rd quarter worth about $210,000. Concorde Asset Management LLC acquired a new position in shares of First Trust Long Duration Opportunities ETF in the 3rd quarter valued at about $248,000. Private Client Services LLC grew its position in shares of 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 buying an additional 2,227 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC raised its stake in First Trust Long Duration Opportunities ETF by 565.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock worth $257,000 after acquiring an additional 10,512 shares during the period.
First Trust Long Duration Opportunities ETF Price Performance
Shares of NYSEARCA LGOV opened at $21.51 on Thursday. The firm’s 50-day moving average price is $20.88 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.
First Trust Long Duration Opportunities ETF 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.
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Want to see what other hedge funds are holding LGOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report).
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