11,623 Shares in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Bought by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,623 shares of the company’s stock, valued at approximately $257,000. N.E.W. Advisory Services LLC owned about 0.13% of First Trust Long Duration Opportunities ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. LPL Financial LLC raised its position in First Trust Long Duration Opportunities ETF by 54.1% in the third quarter. LPL Financial LLC now owns 536,044 shares of the company’s stock valued at $10,871,000 after purchasing an additional 188,162 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in First Trust Long Duration Opportunities ETF by 5.9% in the fourth quarter. Atria Wealth Solutions Inc. now owns 516,595 shares of the company’s stock valued at $11,432,000 after purchasing an additional 28,557 shares during the last quarter. Marshall Financial Group LLC increased its holdings in First Trust Long Duration Opportunities ETF by 5.0% during the 4th quarter. Marshall Financial Group LLC now owns 509,398 shares of the company’s stock worth $11,273,000 after purchasing an additional 24,213 shares during the last quarter. Walkner Condon Financial Advisors LLC raised its position in shares of First Trust Long Duration Opportunities ETF by 3,884.4% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 415,932 shares of the company’s stock valued at $9,205,000 after purchasing an additional 405,493 shares in the last quarter. Finally, Ferguson Shapiro LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF during the 4th quarter valued at approximately $7,250,000.

First Trust Long Duration Opportunities ETF Trading Up 0.5 %

NYSEARCA:LGOV traded up $0.10 during trading hours on Tuesday, reaching $20.78. 204,824 shares of the stock were exchanged, compared to its average volume of 253,254. First Trust Long Duration Opportunities ETF has a 52 week low of $19.32 and a 52 week high of $23.07. The firm has a 50 day simple moving average of $20.97 and a 200-day simple moving average of $21.10.

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.