First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 30.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 46,607 shares of the company’s stock after selling 20,542 shares during the quarter. Truist Financial Corp owned about 0.22% of First Trust Long Duration Opportunities ETF worth $971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE purchased a new position in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at approximately $182,000. Kovack Advisors Inc. purchased a new position in First Trust Long Duration Opportunities ETF during the third quarter worth approximately $210,000. Private Client Services LLC lifted its position in First Trust Long Duration Opportunities ETF by 24.4% during the fourth quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock worth $236,000 after buying an additional 2,227 shares in the last quarter. Concorde Asset Management LLC purchased a new position in First Trust Long Duration Opportunities ETF during the third quarter worth approximately $248,000. Finally, Householder Group Estate & Retirement Specialist LLC lifted its position in First Trust Long Duration Opportunities ETF by 565.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock worth $257,000 after buying an additional 10,512 shares in the last quarter.

First Trust Long Duration Opportunities ETF Trading Up 0.8 %

Shares of First Trust Long Duration Opportunities ETF stock opened at $21.63 on Friday. First Trust Long Duration Opportunities ETF has a one year low of $20.07 and a one year high of $23.64. The business’s 50 day moving average price is $20.91 and its 200 day moving average price is $21.50.

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.