Truist Financial Corp lessened its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 1.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 53,473 shares of the company’s stock after selling 810 shares during the quarter. Truist Financial Corp owned 0.25% of First Trust Long Duration Opportunities ETF worth $1,125,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Security Financial Services INC. grew its stake in shares of First Trust Long Duration Opportunities ETF by 5.4% during the first quarter. Security Financial Services INC. now owns 12,831 shares of the company’s stock worth $274,000 after purchasing an additional 661 shares in the last quarter. Clarus Wealth Advisors increased its holdings in shares of First Trust Long Duration Opportunities ETF by 2.7% in the 1st quarter. Clarus Wealth Advisors now owns 28,485 shares of the company’s stock valued at $588,000 after acquiring an additional 743 shares during the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of First Trust Long Duration Opportunities ETF during the 1st quarter worth about $29,000. Wedbush Securities Inc. raised its position in shares of First Trust Long Duration Opportunities ETF by 15.3% during the 2nd quarter. Wedbush Securities Inc. now owns 13,356 shares of the company’s stock worth $281,000 after acquiring an additional 1,773 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new position in First Trust Long Duration Opportunities ETF in the second quarter valued at approximately $53,000.
First Trust Long Duration Opportunities ETF Trading Down 0.0 %
Shares of First Trust Long Duration Opportunities ETF stock opened at $21.77 on Monday. First Trust Long Duration Opportunities ETF has a 52 week low of $19.32 and a 52 week high of $23.64. The firm’s 50 day moving average is $22.29 and its two-hundred day moving average is $21.44.
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.
Further Reading
- Five stocks we like better than First Trust Long Duration Opportunities ETF
- Transportation Stocks Investing
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- Investing in Commodities: What Are They? How to Invest in Them
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- Stock Dividend Cuts Happen Are You Ready?
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for First Trust Long Duration Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Long Duration Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.