Walkner Condon Financial Advisors LLC Sells 50,405 Shares of First Trust Long Duration Opportunities ETF $LGOV

Walkner Condon Financial Advisors LLC cut its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 8.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 538,046 shares of the company’s stock after selling 50,405 shares during the period. First Trust Long Duration Opportunities ETF makes up approximately 2.1% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 11th biggest position. Walkner Condon Financial Advisors LLC owned 1.78% of First Trust Long Duration Opportunities ETF worth $11,525,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of LGOV. CWM LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 93.3% during the 2nd quarter. CWM LLC now owns 2,598 shares of the company’s stock worth $56,000 after purchasing an additional 1,254 shares during the period. Apollon Wealth Management LLC increased its stake in First Trust Long Duration Opportunities ETF by 14.8% during the second quarter. Apollon Wealth Management LLC now owns 15,949 shares of the company’s stock valued at $342,000 after acquiring an additional 2,056 shares during the period. BlueChip Wealth Advisors LLC raised its holdings in First Trust Long Duration Opportunities ETF by 50.1% in the 1st quarter. BlueChip Wealth Advisors LLC now owns 16,700 shares of the company’s stock valued at $359,000 after acquiring an additional 5,575 shares in the last quarter. RFG Advisory LLC raised its holdings in First Trust Long Duration Opportunities ETF by 15.4% in the 2nd quarter. RFG Advisory LLC now owns 19,020 shares of the company’s stock valued at $407,000 after acquiring an additional 2,545 shares in the last quarter. Finally, Fortis Capital Advisors LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $793,000. 0.03% of the stock is currently owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Trading Up 0.4%

Shares of NYSEARCA:LGOV opened at $21.95 on Friday. The firm has a market capitalization of $656.16 million, a PE ratio of -11,511.54 and a beta of 0.33. First Trust Long Duration Opportunities ETF has a 1-year low of $19.91 and a 1-year high of $22.24. The business’s 50 day moving average is $21.92 and its 200-day moving average is $21.46.

First Trust Long Duration Opportunities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 17th. Stockholders of record on Monday, November 3rd will be paid a $0.0775 dividend. The ex-dividend date 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 dividend payout ratio is currently -49,317.94%.

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.