First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Stake Lifted by Marshall Financial Group LLC

Marshall Financial Group LLC grew its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 642,277 shares of the company’s stock after buying an additional 49,579 shares during the quarter. First Trust Long Duration Opportunities ETF accounts for 3.8% of Marshall Financial Group LLC’s holdings, making the stock its 6th largest holding. Marshall Financial Group LLC owned about 2.99% of First Trust Long Duration Opportunities ETF worth $13,507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Security Financial Services INC. grew its holdings in First Trust Long Duration Opportunities ETF by 5.4% during the 1st quarter. Security Financial Services INC. now owns 12,831 shares of the company’s stock worth $274,000 after acquiring an additional 661 shares in the last quarter. Clarus Wealth Advisors raised its stake in First Trust Long Duration Opportunities ETF by 2.7% in the first quarter. Clarus Wealth Advisors now owns 28,485 shares of the company’s stock worth $588,000 after buying an additional 743 shares in the last quarter. Benjamin Edwards Inc. bought a new position in First Trust Long Duration Opportunities ETF in the first quarter worth approximately $29,000. Midwest Financial Group LLC boosted its position in First Trust Long Duration Opportunities ETF by 3.5% during the 2nd quarter. Midwest Financial Group LLC now owns 104,990 shares of the company’s stock valued at $2,208,000 after acquiring an additional 3,567 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of First Trust Long Duration Opportunities ETF by 31.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 17,891 shares of the company’s stock valued at $383,000 after acquiring an additional 4,242 shares during the period.

First Trust Long Duration Opportunities ETF Trading Up 0.1 %

Shares of LGOV traded up $0.03 during trading hours on Friday, hitting $22.12. The company had a trading volume of 90,848 shares, compared to its average volume of 227,100. First Trust Long Duration Opportunities ETF has a one year low of $19.32 and a one year high of $22.75. The company’s fifty day moving average price is $21.48 and its two-hundred day moving average price is $21.18.

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.