Security Financial Services INC. Has $274,000 Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Security Financial Services INC. boosted its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 5.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,831 shares of the company’s stock after purchasing an additional 661 shares during the quarter. Security Financial Services INC. owned 0.06% of First Trust Long Duration Opportunities ETF worth $274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Clarus Wealth Advisors raised its stake in First Trust Long Duration Opportunities ETF by 2.7% in the 1st quarter. Clarus Wealth Advisors now owns 28,485 shares of the company’s stock worth $588,000 after purchasing an additional 743 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 1st quarter worth about $937,000. ICA Group Wealth Management LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter worth about $4,333,000. Integrated Advisors Network LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 4th quarter worth about $350,000. Finally, Stephens Inc. AR raised its stake in First Trust Long Duration Opportunities ETF by 3.6% in the 4th quarter. Stephens Inc. AR now owns 586,008 shares of the company’s stock worth $12,968,000 after purchasing an additional 20,548 shares in the last quarter.

First Trust Long Duration Opportunities ETF Price Performance

LGOV stock traded down $0.03 during mid-day trading on Monday, hitting $21.33. The stock had a trading volume of 8,598 shares, compared to its average volume of 222,667. First Trust Long Duration Opportunities ETF has a 52 week low of $19.32 and a 52 week high of $22.75. The firm has a fifty day simple moving average of $20.77 and a 200 day simple moving average of $21.25.

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.