Walkner Condon Financial Advisors LLC Has $11.53 Million Holdings in First Trust Long Duration Opportunities ETF $LGOV

Walkner Condon Financial Advisors LLC decreased its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 8.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 538,046 shares of the company’s stock after selling 50,405 shares during the period. First Trust Long Duration Opportunities ETF accounts for approximately 2.1% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 11th largest position. Walkner Condon Financial Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $11,525,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LGOV. Brookwood Investment Group LLC acquired a new position in First Trust Long Duration Opportunities ETF during the first quarter worth $15,496,000. Comprehensive Wealth Management LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF in the 1st quarter worth about $9,500,000. Integrated Wealth Concepts LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF in the 1st quarter worth about $7,842,000. Anderson Financial Strategies LLC acquired a new stake in shares of First Trust Long Duration Opportunities ETF during the 1st quarter worth about $6,740,000. Finally, LPL Financial LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 9.2% during the 1st quarter. LPL Financial LLC now owns 3,194,436 shares of the company’s stock valued at $68,680,000 after purchasing an additional 268,657 shares during the last quarter. 0.03% of the stock is currently owned by institutional investors.

First Trust Long Duration Opportunities ETF Stock Up 0.4%

NYSEARCA:LGOV opened at $21.95 on Friday. The firm has a market cap of $656.16 million, a PE ratio of -11,511.54 and a beta of 0.33. First Trust Long Duration Opportunities ETF has a 12 month low of $19.91 and a 12 month high of $22.24. The company’s 50-day moving average price is $21.92 and its two-hundred day moving average price is $21.46.

First Trust Long Duration Opportunities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be issued a $0.0775 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, November 3rd. First Trust Long Duration Opportunities ETF’s payout ratio is presently -49,317.94%.

About First Trust Long Duration Opportunities ETF

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.