Marshall Financial Group LLC Raises Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Marshall Financial Group LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 6.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 676,567 shares of the company’s stock after purchasing an additional 43,218 shares during the period. First Trust Long Duration Opportunities ETF accounts for approximately 3.4% of Marshall Financial Group LLC’s holdings, making the stock its 7th largest position. Marshall Financial Group LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $14,100,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC boosted its stake in shares of First Trust Long Duration Opportunities ETF by 17.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 39,287 shares of the company’s stock worth $828,000 after acquiring an additional 5,905 shares during the period. MML Investors Services LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 24.5% during the 3rd quarter. MML Investors Services LLC now owns 16,412 shares of the company’s stock valued at $368,000 after purchasing an additional 3,233 shares during the last quarter. US Bancorp DE bought a new position in First Trust Long Duration Opportunities ETF during the third quarter worth $182,000. Raymond James & Associates increased its holdings in shares of 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 purchasing an additional 456,002 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of First Trust Long Duration Opportunities ETF by 25.6% in the second quarter. NewEdge Advisors LLC now owns 265,041 shares of the company’s stock valued at $5,574,000 after purchasing an additional 54,092 shares during the period.

First Trust Long Duration Opportunities ETF Stock Up 0.2 %

Shares of LGOV stock opened at $20.76 on Friday. First Trust Long Duration Opportunities ETF has a 52 week low of $20.07 and a 52 week high of $23.64. The company has a 50-day simple moving average of $21.04 and a 200 day simple moving average of $21.59.

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.