Global Retirement Partners LLC Reduces Stock Position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Global Retirement Partners LLC cut its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 70.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,001 shares of the company’s stock after selling 54,284 shares during the period. Global Retirement Partners LLC owned about 0.11% of First Trust Long Duration Opportunities ETF worth $479,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV increased its stake in First Trust Long Duration Opportunities ETF by 1.2% in the third quarter. Creative Financial Designs Inc. ADV now owns 46,621 shares of the company’s stock valued at $1,044,000 after purchasing an additional 553 shares during the last quarter. Patriot Financial Group Insurance Agency LLC increased its holdings in First Trust Long Duration Opportunities ETF by 4.0% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 14,726 shares of the company’s stock valued at $330,000 after purchasing an additional 569 shares in the last quarter. Midwest Financial Group LLC raised its holdings in shares of First Trust Long Duration Opportunities ETF by 0.9% during the 4th quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after buying an additional 956 shares during the period. Principal Securities Inc. lifted its position in shares of First Trust Long Duration Opportunities ETF by 7.0% during the fourth quarter. Principal Securities Inc. now owns 16,805 shares of the company’s stock worth $350,000 after purchasing an additional 1,099 shares in the last quarter. Finally, Ferguson Shapiro LLC boosted its position in First Trust Long Duration Opportunities ETF by 10.1% in the 4th quarter. Ferguson Shapiro LLC now owns 17,847 shares of the company’s stock valued at $372,000 after buying an additional 1,632 shares during the last quarter.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of NYSEARCA LGOV opened at $21.10 on Monday. First Trust Long Duration Opportunities ETF has a fifty-two week low of $20.07 and a fifty-two week high of $23.64. The business has a 50 day moving average price of $20.87 and a two-hundred day moving average price of $21.51.

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.