First Trust Long Duration Opportunities ETF $LGOV Shares Acquired by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC boosted its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 24.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 842,312 shares of the company’s stock after acquiring an additional 164,934 shares during the period. First Trust Long Duration Opportunities ETF comprises approximately 2.6% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 7th largest position. Walkner Condon Financial Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $18,388,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Stratos Investment Management LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF during the third quarter worth about $15,991,000. Raymond James Financial Inc. increased its holdings in First Trust Long Duration Opportunities ETF by 36.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,708,012 shares of the company’s stock worth $36,586,000 after purchasing an additional 456,623 shares in the last quarter. Jane Street Group LLC raised its stake in shares of First Trust Long Duration Opportunities ETF by 311.4% in the second quarter. Jane Street Group LLC now owns 394,726 shares of the company’s stock worth $8,455,000 after purchasing an additional 298,781 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of First Trust Long Duration Opportunities ETF by 62.2% in the third quarter. Integrated Wealth Concepts LLC now owns 629,304 shares of the company’s stock valued at $13,687,000 after purchasing an additional 241,238 shares in the last quarter. Finally, Centennial Wealth Advisory LLC boosted its position in shares of First Trust Long Duration Opportunities ETF by 52.2% during the third quarter. Centennial Wealth Advisory LLC now owns 187,887 shares of the company’s stock valued at $4,087,000 after buying an additional 64,471 shares during the last quarter. 0.03% of the stock is currently owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of First Trust Long Duration Opportunities ETF stock opened at $21.57 on Monday. The company has a market capitalization of $654.65 million, a P/E ratio of -11,316.89 and a beta of 0.33. The stock has a fifty day simple moving average of $21.89 and a 200 day simple moving average of $21.93. First Trust Long Duration Opportunities ETF has a 12-month low of $19.91 and a 12-month high of $23.59.

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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.