Csenge Advisory Group lessened its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 26.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 337,673 shares of the company’s stock after selling 119,884 shares during the quarter. Csenge Advisory Group owned about 1.13% of First Trust Long Duration Opportunities ETF worth $6,615,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its position in First Trust Long Duration Opportunities ETF by 8.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 535,772 shares of the company’s stock valued at $11,466,000 after buying an additional 42,686 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in First Trust Long Duration Opportunities ETF by 6.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 571,686 shares of the company’s stock worth $12,234,000 after buying an additional 35,412 shares during the period. Cetera Investment Advisers boosted its holdings in First Trust Long Duration Opportunities ETF by 37.2% in the first quarter. Cetera Investment Advisers now owns 767,082 shares of the company’s stock worth $16,546,000 after acquiring an additional 207,997 shares in the last quarter. First Trust Advisors LP boosted its holdings in First Trust Long Duration Opportunities ETF by 52.2% in the first quarter. First Trust Advisors LP now owns 394,526 shares of the company’s stock worth $8,510,000 after acquiring an additional 135,248 shares in the last quarter. Finally, Financial Enhancement Group LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 161.0% in the third quarter. Financial Enhancement Group LLC now owns 1,290,981 shares of the company’s stock worth $25,226,000 after acquiring an additional 796,261 shares in the last quarter. Institutional investors own 0.03% of the company’s stock.
First Trust Long Duration Opportunities ETF Stock Performance
Shares of First Trust Long Duration Opportunities ETF stock opened at $20.36 on Wednesday. First Trust Long Duration Opportunities ETF has a 52 week low of $19.40 and a 52 week high of $23.59. The stock has a 50 day moving average price of $20.20 and a two-hundred day moving average price of $21.17. The stock has a market capitalization of $610.80 million, a PE ratio of -10,682.06 and a beta of 0.34.
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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.
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