PFG Advisors Raises Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

PFG Advisors grew its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 65.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,254 shares of the company’s stock after purchasing an additional 17,893 shares during the period. PFG Advisors’ holdings in First Trust Long Duration Opportunities ETF were worth $943,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Midwest Financial Group LLC grew its position in shares of First Trust Long Duration Opportunities ETF by 0.9% during the fourth quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after purchasing an additional 956 shares in the last quarter. Private Trust Co. NA grew its position in shares of First Trust Long Duration Opportunities ETF by 41.6% during the fourth 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 in the last quarter. Principal Securities Inc. grew its position in shares of First Trust Long Duration Opportunities ETF by 7.0% during the fourth quarter. Principal Securities Inc. now owns 16,805 shares of the company’s stock valued at $350,000 after purchasing an additional 1,099 shares in the last quarter. Ferguson Shapiro LLC grew its position in shares of First Trust Long Duration Opportunities ETF by 10.1% during the fourth quarter. Ferguson Shapiro LLC now owns 17,847 shares of the company’s stock valued at $372,000 after purchasing an additional 1,632 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its position in shares of First Trust Long Duration Opportunities ETF by 5.4% during the fourth quarter. Sanctuary Advisors LLC now owns 41,422 shares of the company’s stock valued at $869,000 after purchasing an additional 2,135 shares in the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of First Trust Long Duration Opportunities ETF stock opened at $21.50 on Friday. The business has a 50-day moving average price of $21.03 and a 200-day moving average price of $21.46. First Trust Long Duration Opportunities ETF has a twelve month low of $20.07 and a twelve month 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.