FSB Premier Wealth Management Inc. Acquires New Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

FSB Premier Wealth Management Inc. bought a new position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,278 shares of the company’s stock, valued at approximately $595,000. FSB Premier Wealth Management Inc. owned approximately 0.13% of First Trust Long Duration Opportunities ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LGOV. Cetera Investment Advisers raised its position in shares of First Trust Long Duration Opportunities ETF by 1,286.5% in the 1st quarter. Cetera Investment Advisers now owns 426,463 shares of the company’s stock worth $9,118,000 after purchasing an additional 395,705 shares during the last quarter. Owen LaRue LLC purchased a new position in First Trust Long Duration Opportunities ETF in the first quarter worth about $5,941,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of First Trust Long Duration Opportunities ETF by 51.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 803,991 shares of the company’s stock worth $17,189,000 after buying an additional 274,748 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of First Trust Long Duration Opportunities ETF by 63.3% during the first quarter. Kestra Advisory Services LLC now owns 621,210 shares of the company’s stock valued at $13,281,000 after buying an additional 240,883 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of First Trust Long Duration Opportunities ETF by 54.2% during the first quarter. Osaic Holdings Inc. now owns 596,713 shares of the company’s stock valued at $12,652,000 after acquiring an additional 209,748 shares in the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of NYSEARCA LGOV opened at $22.23 on Wednesday. First Trust Long Duration Opportunities ETF has a twelve month low of $19.32 and a twelve month high of $22.75. The company has a 50 day moving average of $21.70 and a 200 day moving average of $21.24.

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.