First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Purchased by LPL Financial LLC

LPL Financial LLC boosted its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 36.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,907,465 shares of the company’s stock after acquiring an additional 511,163 shares during the quarter. LPL Financial LLC owned about 8.89% of First Trust Long Duration Opportunities ETF worth $40,114,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LGOV. Benjamin Edwards Inc. purchased a new position in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $29,000. International Assets Investment Management LLC purchased a new position in First Trust Long Duration Opportunities ETF in the 2nd quarter worth approximately $53,000. Core Wealth Partners LLC purchased a new position in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $215,000. Coppell Advisory Solutions Corp. purchased a new position in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $220,000. Finally, Comerica Bank purchased a new position in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $241,000.

First Trust Long Duration Opportunities ETF Stock Performance

NYSEARCA LGOV opened at $22.68 on Monday. First Trust Long Duration Opportunities ETF has a fifty-two week low of $19.32 and a fifty-two week high of $22.76. The business has a 50 day moving average price of $21.94 and a two-hundred day moving average price of $21.31.

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.