First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Position Boosted by US Bancorp DE

US Bancorp DE lifted its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 30.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,628 shares of the company’s stock after purchasing an additional 2,500 shares during the period. US Bancorp DE’s holdings in First Trust Long Duration Opportunities ETF were worth $221,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Midwest Financial Group LLC raised its stake in First Trust Long Duration Opportunities ETF by 0.9% during the fourth quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock worth $2,255,000 after acquiring an additional 956 shares during the period. Private Trust Co. NA raised its stake in First Trust Long Duration Opportunities ETF by 41.6% during the fourth quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock worth $69,000 after acquiring an additional 967 shares during the period. Principal Securities Inc. raised its stake in First Trust Long Duration Opportunities ETF by 7.0% during the fourth quarter. Principal Securities Inc. now owns 16,805 shares of the company’s stock worth $350,000 after acquiring an additional 1,099 shares during the period. Ferguson Shapiro LLC raised its stake in First Trust Long Duration Opportunities ETF by 10.1% during the fourth quarter. Ferguson Shapiro LLC now owns 17,847 shares of the company’s stock worth $372,000 after acquiring an additional 1,632 shares during the period. Finally, Sanctuary Advisors LLC raised its stake in First Trust Long Duration Opportunities ETF by 5.4% during the fourth quarter. Sanctuary Advisors LLC now owns 41,422 shares of the company’s stock worth $869,000 after acquiring an additional 2,135 shares during the period.

First Trust Long Duration Opportunities ETF Trading Down 0.4 %

LGOV opened at $21.41 on Friday. The company’s 50-day moving average price is $21.04 and its 200 day moving average price is $21.45. First Trust Long Duration Opportunities ETF has a fifty-two week low of $20.07 and a fifty-two week high of $23.64.

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.