Good Life Advisors LLC Has $1.20 Million Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Good Life Advisors LLC boosted its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 174.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,375 shares of the company’s stock after buying an additional 34,534 shares during the period. Good Life Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $1,203,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tucker Asset Management LLC bought a new position in shares of First Trust Long Duration Opportunities ETF during the 2nd quarter valued at about $30,000. Private Trust Co. NA acquired a new stake in shares of First Trust Long Duration Opportunities ETF during the third quarter worth $50,000. Avior Wealth Management LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF during the third quarter worth $64,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of First Trust Long Duration Opportunities ETF by 5,126.9% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 7,004 shares of the company’s stock valued at $156,000 after purchasing an additional 6,870 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of First Trust Long Duration Opportunities ETF by 1,599.4% in the third quarter. IFP Advisors Inc now owns 8,004 shares of the company’s stock worth $162,000 after acquiring an additional 7,533 shares during the last quarter.

First Trust Long Duration Opportunities ETF Stock Down 0.2 %

Shares of NYSEARCA:LGOV traded down $0.05 on Thursday, reaching $21.38. 474,078 shares of the company’s stock were exchanged, compared to its average volume of 222,340. First Trust Long Duration Opportunities ETF has a fifty-two week low of $19.32 and a fifty-two week high of $23.55. The business’s 50-day moving average is $21.41 and its two-hundred day moving average is $21.04.

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.