First Trust Long Duration Opportunities ETF $LGOV Shares Sold by Csenge Advisory Group

Csenge Advisory Group cut its position in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 26.2% during the 3rd quarter, Holdings Channel reports. The firm owned 337,673 shares of the company’s stock after selling 119,884 shares during the quarter. Csenge Advisory Group’s holdings in First Trust Long Duration Opportunities ETF were worth $6,615,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. StoneX Group Inc. purchased a new stake in First Trust Long Duration Opportunities ETF in the 3rd quarter valued at about $445,000. Kestra Advisory Services LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 4.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 123,223 shares of the company’s stock worth $2,414,000 after buying an additional 5,385 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of First Trust Long Duration Opportunities ETF during the 3rd quarter worth approximately $1,957,000. Signature Equity Partners LLC lifted its position in shares of First Trust Long Duration Opportunities ETF by 2,564.6% during the 3rd quarter. Signature Equity Partners LLC now owns 2,638 shares of the company’s stock worth $52,000 after buying an additional 2,539 shares in the last quarter. Finally, One Way Holdings LLC boosted its stake in shares of First Trust Long Duration Opportunities ETF by 5.9% in the 3rd quarter. One Way Holdings LLC now owns 1,203,796 shares of the company’s stock worth $23,583,000 after buying an additional 67,600 shares during the last quarter. 0.03% of the stock is owned by institutional investors.

First Trust Long Duration Opportunities ETF Stock Down 1.2%

Shares of NYSEARCA LGOV opened at $20.36 on Wednesday. First Trust Long Duration Opportunities ETF has a twelve month low of $19.40 and a twelve month high of $23.59. The stock’s 50 day moving average price is $20.20 and its 200-day moving average price is $21.17. The company has a market capitalization of $610.80 million, a PE ratio of -10,682.06 and a beta of 0.34.

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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.