Concurrent Investment Advisors LLC Invests $928,000 in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Concurrent Investment Advisors LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 44,531 shares of the company’s stock, valued at approximately $928,000. Concurrent Investment Advisors LLC owned 0.21% of First Trust Long Duration Opportunities ETF at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. HighTower Advisors LLC boosted its stake in First Trust Long Duration Opportunities ETF by 17.1% during the 3rd quarter. HighTower Advisors LLC now owns 938,764 shares of the company’s stock worth $21,033,000 after acquiring an additional 137,364 shares during the last quarter. GDS Wealth Management boosted its stake in First Trust Long Duration Opportunities ETF by 13.0% during the 4th quarter. GDS Wealth Management now owns 876,285 shares of the company’s stock worth $18,262,000 after acquiring an additional 100,602 shares during the last quarter. Stephens Inc. AR boosted its stake in First Trust Long Duration Opportunities ETF by 21.3% during the 3rd quarter. Stephens Inc. AR now owns 729,784 shares of the company’s stock worth $16,347,000 after acquiring an additional 127,913 shares during the last quarter. Raymond James & Associates lifted its stake in First Trust Long Duration Opportunities ETF by 181.5% in the third quarter. Raymond James & Associates now owns 707,199 shares of the company’s stock valued at $15,841,000 after buying an additional 456,002 shares in the last quarter. Finally, Financial Enhancement Group LLC bought a new position in First Trust Long Duration Opportunities ETF in the fourth quarter valued at approximately $14,089,000.

First Trust Long Duration Opportunities ETF Stock Up 0.3 %

Shares of LGOV opened at $21.10 on Monday. First Trust Long Duration Opportunities ETF has a twelve month low of $20.07 and a twelve month high of $23.64. The firm’s 50 day moving average price is $20.87 and its two-hundred day moving average price is $21.51.

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.