Principal Securities Inc. Buys 1,099 Shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Principal Securities Inc. increased its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 7.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,805 shares of the company’s stock after purchasing an additional 1,099 shares during the quarter. Principal Securities Inc. owned approximately 0.08% of First Trust Long Duration Opportunities ETF worth $350,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV increased its stake in shares of First Trust Long Duration Opportunities ETF by 1.2% in the third quarter. Creative Financial Designs Inc. ADV now owns 46,621 shares of the company’s stock worth $1,044,000 after purchasing an additional 553 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 4.0% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 14,726 shares of the company’s stock worth $330,000 after buying an additional 569 shares during the period. Midwest Financial Group LLC grew its stake in First Trust Long Duration Opportunities ETF by 0.9% in the 4th quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after buying an additional 956 shares in the last quarter. Ferguson Shapiro LLC raised its holdings in First Trust Long Duration Opportunities ETF by 10.1% during the 4th quarter. Ferguson Shapiro LLC now owns 17,847 shares of the company’s stock valued at $372,000 after acquiring an additional 1,632 shares during the period. Finally, Private Client Services LLC raised its holdings in First Trust Long Duration Opportunities ETF by 24.4% during the 4th quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock valued at $236,000 after acquiring an additional 2,227 shares during the period.

First Trust Long Duration Opportunities ETF Price Performance

Shares of LGOV opened at $21.10 on Friday. First Trust Long Duration Opportunities ETF has a 52-week low of $20.07 and a 52-week high of $23.64. The stock’s 50-day simple moving average is $20.87 and its 200 day simple moving average is $21.52.

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.