Assetmark Inc. Boosts Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Assetmark Inc. raised its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 18.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,116 shares of the company’s stock after acquiring an additional 22,756 shares during the period. Assetmark Inc. owned approximately 0.69% of First Trust Long Duration Opportunities ETF worth $3,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. HighTower Advisors LLC raised its holdings in shares of 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 in the last quarter. GDS Wealth Management raised its holdings in shares of 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 in the last quarter. Financial Enhancement Group LLC purchased a new stake in First Trust Long Duration Opportunities ETF during the 4th quarter valued at $14,089,000. Marshall Financial Group LLC lifted its position in First Trust Long Duration Opportunities ETF by 6.8% in the fourth quarter. Marshall Financial Group LLC now owns 676,567 shares of the company’s stock worth $14,100,000 after buying an additional 43,218 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in First Trust Long Duration Opportunities ETF by 4.1% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 392,513 shares of the company’s stock worth $8,180,000 after buying an additional 15,596 shares during the period.

First Trust Long Duration Opportunities ETF Trading Down 0.1 %

LGOV stock opened at $21.41 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 fifty day simple moving average is $20.98 and its two-hundred day simple moving average is $21.47.

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.