Tsfg LLC Acquires New Shares in First Trust Long Duration Opportunities ETF $LGOV

Tsfg LLC purchased a new position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 177,644 shares of the company’s stock, valued at approximately $3,805,000. Tsfg LLC owned about 0.59% of First Trust Long Duration Opportunities ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CWM LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 93.3% in the second quarter. CWM LLC now owns 2,598 shares of the company’s stock worth $56,000 after buying an additional 1,254 shares during the last quarter. Synergy Investment Management LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 9.5% in the first quarter. Synergy Investment Management LLC now owns 9,156 shares of the company’s stock worth $197,000 after buying an additional 795 shares during the last quarter. Apollon Wealth Management LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 14.8% in 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 during the last quarter. BlueChip Wealth Advisors LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 50.1% in the first quarter. BlueChip Wealth Advisors LLC now owns 16,700 shares of the company’s stock worth $359,000 after buying an additional 5,575 shares during the last quarter. Finally, RFG Advisory LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 15.4% in the second quarter. RFG Advisory LLC now owns 19,020 shares of the company’s stock worth $407,000 after buying an additional 2,545 shares during the last quarter. Institutional investors and hedge funds own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Price Performance

Shares of NYSEARCA:LGOV opened at $21.95 on Monday. First Trust Long Duration Opportunities ETF has a fifty-two week low of $19.91 and a fifty-two week high of $22.24. The business has a 50-day moving average of $21.88 and a two-hundred day moving average of $21.45. The stock has a market capitalization of $656.31 million, a P/E ratio of -11,516.26 and a beta of 0.33.

First Trust Long Duration Opportunities ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 17th. Shareholders of record on Monday, November 3rd will be given a $0.0775 dividend. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. First Trust Long Duration Opportunities ETF’s payout ratio is currently -49,317.94%.

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.