First Trust Long Duration Opportunities ETF $LGOV Shares Sold by Atria Investments Inc

Atria Investments Inc cut its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 54.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,339 shares of the company’s stock after selling 21,919 shares during the period. Atria Investments Inc’s holdings in First Trust Long Duration Opportunities ETF were worth $393,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. IFP Advisors Inc boosted its stake in First Trust Long Duration Opportunities ETF by 103.8% in the second quarter. IFP Advisors Inc now owns 171,636 shares of the company’s stock valued at $3,676,000 after acquiring an additional 87,401 shares during the period. Envestnet Asset Management Inc. raised its position in shares of First Trust Long Duration Opportunities ETF by 4.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,137,783 shares of the company’s stock worth $24,462,000 after purchasing an additional 50,300 shares during the period. Royal Bank of Canada lifted its holdings in shares of First Trust Long Duration Opportunities ETF by 17.3% in the 1st quarter. Royal Bank of Canada now owns 1,014,631 shares of the company’s stock worth $21,815,000 after purchasing an additional 149,850 shares during the last quarter. Pinnacle Family Advisors LLC lifted its holdings in shares of First Trust Long Duration Opportunities ETF by 5.5% in the 1st quarter. Pinnacle Family Advisors LLC now owns 66,208 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,451 shares during the last quarter. Finally, RFG Advisory LLC boosted its position in First Trust Long Duration Opportunities ETF by 15.4% during the 2nd quarter. RFG Advisory LLC now owns 19,020 shares of the company’s stock valued at $407,000 after purchasing an additional 2,545 shares during the period. Institutional investors own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Price Performance

Shares of LGOV opened at $22.03 on Wednesday. First Trust Long Duration Opportunities ETF has a 12 month low of $19.91 and a 12 month high of $22.24. The stock has a fifty day moving average price of $21.96 and a 200 day moving average price of $21.49. The company has a market cap of $658.70 million, a P/E ratio of -11,558.24 and a beta of 0.33.

First Trust Long Duration Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.0775 per share. The ex-dividend date is Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.2%. First Trust Long Duration Opportunities ETF’s dividend payout ratio is currently -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.