First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Purchased by MML Investors Services LLC

MML Investors Services LLC increased its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 24.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 16,412 shares of the company’s stock after acquiring an additional 3,233 shares during the period. MML Investors Services LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $368,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Creative Financial Designs Inc. ADV increased its position in shares of First Trust Long Duration Opportunities ETF by 1.2% during 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 raised its holdings in First Trust Long Duration Opportunities ETF by 4.0% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 14,726 shares of the company’s stock worth $330,000 after purchasing an additional 569 shares during the last quarter. Wedbush Securities Inc. boosted its position in shares of First Trust Long Duration Opportunities ETF by 15.3% in the 2nd quarter. Wedbush Securities Inc. now owns 13,356 shares of the company’s stock worth $281,000 after buying an additional 1,773 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF during the 2nd quarter worth approximately $53,000. Finally, Maia Wealth LLC raised its holdings in shares of First Trust Long Duration Opportunities ETF by 7.0% in the third quarter. Maia Wealth LLC now owns 44,088 shares of the company’s stock worth $946,000 after acquiring an additional 2,872 shares during the last quarter.

First Trust Long Duration Opportunities ETF Price Performance

Shares of NYSEARCA:LGOV opened at $20.82 on Wednesday. First Trust Long Duration Opportunities ETF has a 12-month low of $20.07 and a 12-month high of $23.64. The stock’s 50-day moving average price is $21.35 and its two-hundred day moving average price is $21.67.

First Trust Long Duration Opportunities ETF Company 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.