Sigma Planning Corp Sells 122,077 Shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Sigma Planning Corp decreased its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 58.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 85,596 shares of the company’s stock after selling 122,077 shares during the period. Sigma Planning Corp’s holdings in First Trust Long Duration Opportunities ETF were worth $1,784,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in LGOV. Financial Enhancement Group LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF during the 4th quarter valued at $14,089,000. Raymond James & Associates raised its position in shares of 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 valued at $15,841,000 after acquiring an additional 456,002 shares during the last quarter. Cyndeo Wealth Partners LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF during the 4th quarter valued at $6,182,000. Stifel Financial Corp raised its position in shares of First Trust Long Duration Opportunities ETF by 447.3% during the 3rd quarter. Stifel Financial Corp now owns 217,161 shares of the company’s stock valued at $4,864,000 after acquiring an additional 177,485 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of First Trust Long Duration Opportunities ETF by 17.1% in the 3rd quarter. HighTower Advisors LLC now owns 938,764 shares of the company’s stock valued at $21,033,000 after buying an additional 137,364 shares in the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

LGOV opened at $21.10 on Monday. First Trust Long Duration Opportunities ETF has a 12 month low of $20.07 and a 12 month high of $23.64. The company has a fifty day simple moving average of $20.87 and a 200 day simple moving average of $21.51.

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.