Park Avenue Securities LLC Sells 1,201 Shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Park Avenue Securities LLC lessened its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,866 shares of the company’s stock after selling 1,201 shares during the quarter. Park Avenue Securities LLC owned 0.22% of First Trust Long Duration Opportunities ETF worth $977,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of First Trust Long Duration Opportunities ETF by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,075,365 shares of the company’s stock worth $22,615,000 after buying an additional 9,260 shares during the period. Benjamin F. Edwards & Company Inc. lifted its holdings in First Trust Long Duration Opportunities ETF by 33.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 84,747 shares of the company’s stock valued at $1,782,000 after purchasing an additional 21,137 shares during the last quarter. AE Wealth Management LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 15.6% during the 2nd quarter. AE Wealth Management LLC now owns 80,063 shares of the company’s stock valued at $1,684,000 after purchasing an additional 10,780 shares during the last quarter. NewEdge Advisors LLC boosted its position in First Trust Long Duration Opportunities ETF by 25.6% in the second quarter. NewEdge Advisors LLC now owns 265,041 shares of the company’s stock valued at $5,574,000 after buying an additional 54,092 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in First Trust Long Duration Opportunities ETF during the second quarter worth about $1,328,000.

First Trust Long Duration Opportunities ETF Trading Up 0.2 %

NYSEARCA:LGOV opened at $20.81 on Tuesday. First Trust Long Duration Opportunities ETF has a 1 year low of $20.07 and a 1 year high of $23.64. The firm has a 50 day moving average of $21.07 and a 200-day moving average of $21.61.

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.