Tsfg LLC Sells 69,319 Shares of First Trust Long Duration Opportunities ETF $LGOV

Tsfg LLC lessened its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 26.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 195,116 shares of the company’s stock after selling 69,319 shares during the quarter. Tsfg LLC owned 0.66% of First Trust Long Duration Opportunities ETF worth $4,175,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. MGO One Seven LLC bought a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter valued at about $1,820,000. Stephens Inc. AR increased its holdings in shares of First Trust Long Duration Opportunities ETF by 29.7% during the first quarter. Stephens Inc. AR now owns 870,712 shares of the company’s stock worth $18,781,000 after purchasing an additional 199,341 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 379.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 310,968 shares of the company’s stock worth $6,788,000 after purchasing an additional 246,047 shares during the period. Centennial Wealth Advisory LLC raised its position in shares of First Trust Long Duration Opportunities ETF by 109.0% in the first quarter. Centennial Wealth Advisory LLC now owns 394,494 shares of the company’s stock valued at $8,509,000 after buying an additional 205,721 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in shares of First Trust Long Duration Opportunities ETF by 80.5% in the first quarter. Kestra Private Wealth Services LLC now owns 58,493 shares of the company’s stock valued at $1,262,000 after buying an additional 26,086 shares in the last quarter. 0.03% of the stock is currently owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Trading Down 0.3%

Shares of LGOV stock opened at $20.76 on Wednesday. The stock has a market cap of $614.50 million, a P/E ratio of -10,891.92 and a beta of 0.34. The stock has a 50 day simple moving average of $21.10 and a 200 day simple moving average of $21.45. First Trust Long Duration Opportunities ETF has a 1 year low of $20.45 and a 1 year high of $23.59.

First Trust Long Duration Opportunities ETF Company 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.