Atria Wealth Solutions Inc. Raises Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Atria Wealth Solutions Inc. boosted its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 5.9% in the 4th quarter, HoldingsChannel reports. The fund owned 516,595 shares of the company’s stock after buying an additional 28,557 shares during the quarter. Atria Wealth Solutions Inc. owned 0.06% of First Trust Long Duration Opportunities ETF worth $11,432,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Western Wealth Management LLC purchased a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter worth approximately $432,000. MBE Wealth Management LLC purchased a new stake in First Trust Long Duration Opportunities ETF during the fourth quarter valued at $225,000. International Assets Investment Management LLC purchased a new stake in First Trust Long Duration Opportunities ETF during the fourth quarter valued at $1,565,000. Midwest Financial Group LLC increased its position in First Trust Long Duration Opportunities ETF by 1.6% during the fourth quarter. Midwest Financial Group LLC now owns 104,584 shares of the company’s stock valued at $2,314,000 after acquiring an additional 1,654 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its holdings in First Trust Long Duration Opportunities ETF by 3,884.4% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 415,932 shares of the company’s stock valued at $9,205,000 after purchasing an additional 405,493 shares during the period.

First Trust Long Duration Opportunities ETF Stock Performance

NYSEARCA:LGOV traded down $0.14 during mid-day trading on Thursday, hitting $20.16. 88,510 shares of the company traded hands, compared to its average volume of 255,119. The stock’s fifty day moving average price is $21.10 and its 200-day moving average price is $21.07. First Trust Long Duration Opportunities ETF has a one year low of $19.32 and a one year high of $23.10.

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.