Truist Financial Corp Has $1.01 Million Stock Position in First Trust Long Duration Opportunities ETF $LGOV

Truist Financial Corp decreased its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 7.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,126 shares of the company’s stock after selling 4,007 shares during the period. Truist Financial Corp owned 0.16% of First Trust Long Duration Opportunities ETF worth $1,009,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in LGOV. Rossby Financial LCC bought a new position in shares of First Trust Long Duration Opportunities ETF in the first quarter worth about $95,000. Synergy Investment Management LLC boosted its holdings in shares of First Trust Long Duration Opportunities ETF by 9.5% in the 1st quarter. Synergy Investment Management LLC now owns 9,156 shares of the company’s stock worth $197,000 after acquiring an additional 795 shares in the last quarter. HBK Sorce Advisory LLC acquired a new position in shares of First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $315,000. BlueChip Wealth Advisors LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF by 50.1% during the first quarter. BlueChip Wealth Advisors LLC now owns 16,700 shares of the company’s stock valued at $359,000 after acquiring an additional 5,575 shares during the period. Finally, Ferguson Shapiro LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF by 3.1% in the 1st quarter. Ferguson Shapiro LLC now owns 18,403 shares of the company’s stock valued at $396,000 after purchasing an additional 556 shares during the period. Institutional investors and hedge funds own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Stock Up 0.1%

LGOV stock opened at $22.06 on Tuesday. The company has a market cap of $669.52 million, a P/E ratio of -11,573.98 and a beta of 0.12. First Trust Long Duration Opportunities ETF has a twelve month low of $19.91 and a twelve month high of $22.11. The business’s fifty day moving average is $21.68 and its 200-day moving average is $21.38.

About First Trust Long Duration Opportunities ETF

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.