Centennial Wealth Advisory LLC Has $4.09 Million Stock Holdings in First Trust Long Duration Opportunities ETF $LGOV

Centennial Wealth Advisory LLC raised its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 52.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 187,887 shares of the company’s stock after buying an additional 64,471 shares during the period. First Trust Long Duration Opportunities ETF comprises about 1.1% of Centennial Wealth Advisory LLC’s holdings, making the stock its 16th largest position. Centennial Wealth Advisory LLC owned approximately 0.63% of First Trust Long Duration Opportunities ETF worth $4,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LGOV. CWM LLC lifted its position in First Trust Long Duration Opportunities ETF by 93.3% in the 2nd quarter. CWM LLC now owns 2,598 shares of the company’s stock valued at $56,000 after acquiring an additional 1,254 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of First Trust Long Duration Opportunities ETF by 13.6% in the second quarter. Geneos Wealth Management Inc. now owns 7,185 shares of the company’s stock valued at $154,000 after purchasing an additional 860 shares in the last quarter. Faithward Advisors LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF during the second quarter valued at approximately $217,000. Asset Allocation Strategies LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF during the second quarter valued at approximately $240,000. Finally, Apollon Wealth Management LLC grew its holdings in 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 worth $342,000 after buying an additional 2,056 shares in the last quarter. 0.03% of the stock is owned by institutional investors.

First Trust Long Duration Opportunities ETF Trading Down 0.1%

NYSEARCA LGOV opened at $21.80 on Monday. The business has a fifty day simple moving average of $21.96 and a 200 day simple moving average of $21.71. First Trust Long Duration Opportunities ETF has a 12 month low of $19.91 and a 12 month high of $22.24. The firm has a market capitalization of $651.82 million, a P/E ratio of -11,437.57 and a beta of 0.33.

First Trust Long Duration Opportunities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were issued a $0.0775 dividend. The ex-dividend date was Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 4.3%. First Trust Long Duration Opportunities ETF’s dividend payout ratio is currently -45,645.33%.

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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.