Stephens Inc. AR Has $13.71 Million Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Stephens Inc. AR decreased its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 9.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 657,818 shares of the company’s stock after selling 71,966 shares during the period. Stephens Inc. AR’s holdings in First Trust Long Duration Opportunities ETF were worth $13,709,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its stake in 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 acquiring an additional 553 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in shares of First Trust Long Duration Opportunities ETF by 4.0% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 14,726 shares of the company’s stock valued at $330,000 after buying an additional 569 shares during the period. Midwest Financial Group LLC increased its position in First Trust Long Duration Opportunities ETF by 0.9% in the 4th quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after buying an additional 956 shares in the last quarter. Ferguson Shapiro LLC raised its stake in First Trust Long Duration Opportunities ETF by 10.1% during the 4th quarter. Ferguson Shapiro LLC now owns 17,847 shares of the company’s stock worth $372,000 after buying an additional 1,632 shares during the period. Finally, Private Client Services LLC boosted its holdings in First Trust Long Duration Opportunities ETF by 24.4% in the fourth quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock worth $236,000 after acquiring an additional 2,227 shares in the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

NYSEARCA LGOV opened at $21.09 on Friday. First Trust Long Duration Opportunities ETF has a 52 week low of $20.07 and a 52 week high of $23.64. The business has a 50 day moving average price of $20.99 and a 200-day moving average price of $21.56.

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.