Anderson Financial Strategies LLC Sells 19,586 Shares of First Trust Long Duration Opportunities ETF $LGOV

Anderson Financial Strategies LLC decreased its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 6.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 293,895 shares of the company’s stock after selling 19,586 shares during the quarter. First Trust Long Duration Opportunities ETF makes up approximately 4.0% of Anderson Financial Strategies LLC’s portfolio, making the stock its 11th largest holding. Anderson Financial Strategies LLC owned 0.97% of First Trust Long Duration Opportunities ETF worth $6,295,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LGOV. CWM LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF by 93.3% in the second quarter. CWM LLC now owns 2,598 shares of the company’s stock valued at $56,000 after buying an additional 1,254 shares during the period. Apollon Wealth Management LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF by 14.8% during the second quarter. Apollon Wealth Management LLC now owns 15,949 shares of the company’s stock valued at $342,000 after acquiring an additional 2,056 shares during the period. BlueChip Wealth Advisors LLC raised 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 worth $359,000 after buying an additional 5,575 shares during the last quarter. RFG Advisory LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 15.4% in the second quarter. RFG Advisory LLC now owns 19,020 shares of the company’s stock valued at $407,000 after buying an additional 2,545 shares during the period. Finally, Rockefeller Capital Management L.P. grew its position in shares of First Trust Long Duration Opportunities ETF by 29.0% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 25,542 shares of the company’s stock worth $547,000 after buying an additional 5,743 shares during the period. Institutional investors and hedge funds own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of NYSEARCA:LGOV opened at $21.90 on Tuesday. The company has a 50 day moving average price of $21.97 and a two-hundred day moving average price of $21.50. The company has a market capitalization of $654.81 million, a PE ratio of -11,490.03 and a beta of 0.33. First Trust Long Duration Opportunities ETF has a 52 week low of $19.91 and a 52 week high of $22.24.

First Trust Long Duration Opportunities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 17th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.0775 per share. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.2%. First Trust Long Duration Opportunities ETF’s payout ratio is currently -49,317.94%.

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.