Midwest Financial Group LLC Has $2.26 Million Stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Midwest Financial Group LLC raised its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 108,223 shares of the company’s stock after purchasing an additional 956 shares during the quarter. First Trust Long Duration Opportunities ETF makes up about 1.3% of Midwest Financial Group LLC’s investment portfolio, making the stock its 19th largest position. Midwest Financial Group LLC owned approximately 0.50% of First Trust Long Duration Opportunities ETF worth $2,255,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC boosted its position in 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 buying an additional 5,905 shares during the last quarter. MML Investors Services LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 24.5% in the third quarter. MML Investors Services LLC now owns 16,412 shares of the company’s stock valued at $368,000 after acquiring an additional 3,233 shares during the last quarter. US Bancorp DE acquired a new stake in First Trust Long Duration Opportunities ETF in the third quarter worth about $182,000. Raymond James & Associates raised its holdings in First Trust Long Duration Opportunities ETF by 181.5% during the 3rd quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock worth $15,841,000 after purchasing an additional 456,002 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in First Trust Long Duration Opportunities ETF by 25.6% during the 2nd quarter. NewEdge Advisors LLC now owns 265,041 shares of the company’s stock valued at $5,574,000 after purchasing an additional 54,092 shares during the period.

First Trust Long Duration Opportunities ETF Trading Down 0.2 %

Shares of NYSEARCA:LGOV opened at $20.68 on Friday. The company has a 50 day moving average of $21.06 and a 200-day moving average of $21.60. First Trust Long Duration Opportunities ETF has a one year low of $20.07 and a one year high of $23.64.

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.