First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Stock Holdings Raised by Ferguson Shapiro LLC

Ferguson Shapiro LLC raised its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 10.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 17,847 shares of the company’s stock after purchasing an additional 1,632 shares during the period. Ferguson Shapiro LLC owned 0.08% of First Trust Long Duration Opportunities ETF worth $372,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC grew its position in shares of First Trust Long Duration Opportunities ETF by 17.1% during the 3rd quarter. HighTower Advisors LLC now owns 938,764 shares of the company’s stock valued at $21,033,000 after buying an additional 137,364 shares during the last quarter. GDS Wealth Management grew its position in shares of First Trust Long Duration Opportunities ETF by 13.1% during the 3rd quarter. GDS Wealth Management now owns 775,683 shares of the company’s stock valued at $17,375,000 after buying an additional 89,642 shares during the last quarter. Stephens Inc. AR grew its position in shares of First Trust Long Duration Opportunities ETF by 21.3% during the 3rd quarter. Stephens Inc. AR now owns 729,784 shares of the company’s stock valued at $16,347,000 after buying an additional 127,913 shares during the last quarter. Raymond James & Associates grew its position in shares of First Trust Long Duration Opportunities ETF by 181.5% during the 3rd quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock valued at $15,841,000 after buying an additional 456,002 shares during the last quarter. Finally, Financial Enhancement Group LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF during the 4th quarter valued at about $14,089,000.

First Trust Long Duration Opportunities ETF Price Performance

First Trust Long Duration Opportunities ETF stock opened at $20.93 on Thursday. The firm has a 50-day moving average price of $21.03 and a two-hundred day moving average price of $21.58. First Trust Long Duration Opportunities ETF has a 52-week low of $20.07 and a 52-week high of $23.64.

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.