Cwm LLC Buys New Position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Cwm LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,939 shares of the company’s stock, valued at approximately $155,000.

Several other institutional investors also recently added to or reduced their stakes in LGOV. International Assets Investment Management LLC acquired a new position in First Trust Long Duration Opportunities ETF in the 2nd quarter valued at about $53,000. Centaurus Financial Inc. purchased a new position in shares of First Trust Long Duration Opportunities ETF in the 2nd quarter valued at approximately $112,000. Private Client Services LLC acquired a new position in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $204,000. Core Wealth Partners LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF during the first quarter worth approximately $215,000. Finally, Coppell Advisory Solutions Corp. acquired a new stake in shares of First Trust Long Duration Opportunities ETF during the first quarter worth $220,000.

First Trust Long Duration Opportunities ETF Price Performance

NYSEARCA LGOV opened at $21.41 on Thursday. First Trust Long Duration Opportunities ETF has a 52-week low of $19.32 and a 52-week high of $23.64. The firm has a 50-day moving average price of $22.22 and a 200 day moving average price of $21.47.

First Trust Long Duration Opportunities ETF Company 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.