Marshall Financial Group LLC Grows Stock Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Marshall Financial Group LLC grew its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 16.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 592,698 shares of the company’s stock after purchasing an additional 83,300 shares during the period. First Trust Long Duration Opportunities ETF accounts for about 3.6% of Marshall Financial Group LLC’s portfolio, making the stock its 5th largest holding. Marshall Financial Group LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $12,672,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in LGOV. Stephens Inc. AR grew its holdings in First Trust Long Duration Opportunities ETF by 3.6% in the 4th quarter. Stephens Inc. AR now owns 586,008 shares of the company’s stock valued at $12,968,000 after buying an additional 20,548 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in First Trust Long Duration Opportunities ETF by 84.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 529,243 shares of the company’s stock valued at $11,712,000 after purchasing an additional 242,261 shares in the last quarter. Atria Wealth Solutions Inc. raised its position in First Trust Long Duration Opportunities ETF by 5.9% during the fourth quarter. Atria Wealth Solutions Inc. now owns 516,595 shares of the company’s stock valued at $11,432,000 after purchasing an additional 28,557 shares in the last quarter. GDS Wealth Management boosted its stake in First Trust Long Duration Opportunities ETF by 12.5% in the fourth quarter. GDS Wealth Management now owns 478,583 shares of the company’s stock valued at $10,591,000 after buying an additional 53,212 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its holdings in shares of First Trust Long Duration Opportunities ETF by 3,884.4% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 415,932 shares of the company’s stock valued at $9,205,000 after purchasing an additional 405,493 shares during the last quarter.

First Trust Long Duration Opportunities ETF Stock Up 1.0 %

Shares of LGOV traded up $0.20 during trading hours on Thursday, reaching $21.09. The stock had a trading volume of 137,550 shares, compared to its average volume of 224,611. The company’s 50-day moving average is $20.91 and its two-hundred day moving average is $21.22. First Trust Long Duration Opportunities ETF has a 12 month low of $19.32 and a 12 month high of $22.75.

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.