First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lessened its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 8.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 732,378 shares of the company’s stock after selling 71,613 shares during the period. Cambridge Investment Research Advisors Inc. owned about 3.41% of First Trust Long Duration Opportunities ETF worth $15,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of LGOV. Atria Wealth Solutions Inc. raised its holdings in First Trust Long Duration Opportunities ETF by 14.5% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 1,054,953 shares of the company’s stock valued at $22,186,000 after acquiring an additional 133,540 shares during the last quarter. Marshall Financial Group LLC increased its stake in First Trust Long Duration Opportunities ETF by 8.4% in the second quarter. Marshall Financial Group LLC now owns 642,277 shares of the company’s stock valued at $13,507,000 after purchasing an additional 49,579 shares during the last quarter. Kestra Advisory Services LLC lifted its position in First Trust Long Duration Opportunities ETF by 63.3% during the first quarter. Kestra Advisory Services LLC now owns 621,210 shares of the company’s stock worth $13,281,000 after buying an additional 240,883 shares during the period. Osaic Holdings Inc. boosted its stake in First Trust Long Duration Opportunities ETF by 54.2% in the 1st quarter. Osaic Holdings Inc. now owns 596,713 shares of the company’s stock worth $12,652,000 after buying an additional 209,748 shares during the last quarter. Finally, Stephens Inc. AR grew its holdings in First Trust Long Duration Opportunities ETF by 3.6% in the 4th quarter. Stephens Inc. AR now owns 586,008 shares of the company’s stock valued at $12,968,000 after buying an additional 20,548 shares during the period.

First Trust Long Duration Opportunities ETF Trading Up 0.0 %

Shares of LGOV stock opened at $22.23 on Wednesday. The firm’s 50-day simple moving average is $21.62 and its 200-day simple moving average is $21.21. First Trust Long Duration Opportunities ETF has a 1-year low of $19.32 and a 1-year high of $22.75.

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.