Private Client Services LLC Increases Stock Position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Private Client Services LLC grew its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 24.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 11,342 shares of the company’s stock after acquiring an additional 2,227 shares during the period. Private Client Services LLC owned about 0.05% of First Trust Long Duration Opportunities ETF worth $236,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in LGOV. Centaurus Financial Inc. acquired a new position in First Trust Long Duration Opportunities ETF in the 2nd quarter valued at about $112,000. CWM LLC acquired a new position in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $155,000. US Bancorp DE acquired a new position in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $182,000. Kovack Advisors Inc. purchased a new stake in First Trust Long Duration Opportunities ETF during the 3rd quarter worth approximately $210,000. Finally, Concorde Asset Management LLC acquired a new stake in First Trust Long Duration Opportunities ETF during the 3rd quarter worth approximately $248,000.

First Trust Long Duration Opportunities ETF Price Performance

Shares of LGOV stock opened at $20.68 on Thursday. The firm has a 50 day moving average of $21.18 and a two-hundred day moving average of $21.64. First Trust Long Duration Opportunities ETF has a 52 week low of $20.07 and a 52 week high of $23.64.

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.