First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC decreased its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 2.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 54,625 shares of the company’s stock after selling 1,187 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $1,138,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its stake in shares of First Trust Long Duration Opportunities ETF by 17.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 39,287 shares of the company’s stock valued at $828,000 after purchasing an additional 5,905 shares during the last quarter. MML Investors Services LLC grew its stake in shares of First Trust Long Duration Opportunities ETF by 24.5% in the 3rd quarter. MML Investors Services LLC now owns 16,412 shares of the company’s stock valued at $368,000 after purchasing an additional 3,233 shares during the last quarter. US Bancorp DE purchased a new position in shares of First Trust Long Duration Opportunities ETF in the 3rd quarter valued at approximately $182,000. Raymond James & Associates grew its stake in shares of First Trust Long Duration Opportunities ETF by 181.5% in the 3rd quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock valued at $15,841,000 after purchasing an additional 456,002 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of First Trust Long Duration Opportunities ETF by 14.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 367,062 shares of the company’s stock valued at $7,650,000 after purchasing an additional 45,332 shares during the last quarter.

First Trust Long Duration Opportunities ETF Trading Up 0.1 %

Shares of LGOV stock opened at $20.95 on Wednesday. First Trust Long Duration Opportunities ETF has a twelve month low of $20.07 and a twelve month high of $23.64. The business’s 50 day moving average is $21.04 and its two-hundred day moving average is $21.59.

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.