1,366,849 Shares in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,366,849 shares of the company’s stock, valued at approximately $28,485,000. Raymond James Financial Inc. owned 0.06% of First Trust Long Duration Opportunities ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MML Investors Services LLC grew its stake in First Trust Long Duration Opportunities ETF by 24.5% in the 3rd quarter. MML Investors Services LLC now owns 16,412 shares of the company’s stock valued at $368,000 after buying an additional 3,233 shares in the last quarter. Sanctuary Advisors LLC grew its position in First Trust Long Duration Opportunities ETF by 17.7% during the third quarter. Sanctuary Advisors LLC now owns 39,287 shares of the company’s stock worth $828,000 after buying an additional 5,905 shares in the last quarter. Private Client Services LLC grew its holdings in shares of First Trust Long Duration Opportunities ETF by 24.4% during the fourth quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock worth $236,000 after purchasing an additional 2,227 shares in the last quarter. Financial Enhancement Group LLC purchased a new position in First Trust Long Duration Opportunities ETF in the 4th quarter worth approximately $14,089,000. Finally, Householder Group Estate & Retirement Specialist LLC increased its stake in First Trust Long Duration Opportunities ETF by 565.2% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock valued at $257,000 after acquiring an additional 10,512 shares during the last quarter.

First Trust Long Duration Opportunities ETF Price Performance

Shares of NYSEARCA LGOV opened at $21.31 on Friday. First Trust Long Duration Opportunities ETF has a 1-year low of $19.93 and a 1-year high of $23.64. The stock’s 50-day moving average is $21.35 and its 200 day moving average is $21.27.

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.