Orion Portfolio Solutions LLC Boosts Stock Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Orion Portfolio Solutions LLC lifted its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,354 shares of the company’s stock after buying an additional 6,901 shares during the quarter. Orion Portfolio Solutions LLC owned about 0.57% of First Trust Long Duration Opportunities ETF worth $2,529,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Private Trust Co. NA lifted its position in shares of First Trust Long Duration Opportunities ETF by 41.6% during the fourth quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock worth $69,000 after acquiring an additional 967 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in First Trust Long Duration Opportunities ETF during the 4th quarter worth about $174,000. US Bancorp DE boosted its stake in First Trust Long Duration Opportunities ETF by 30.8% in the 4th quarter. US Bancorp DE now owns 10,628 shares of the company’s stock worth $221,000 after purchasing an additional 2,500 shares during the period. Private Client Services LLC grew its holdings in First Trust Long Duration Opportunities ETF by 24.4% during the 4th quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock valued at $236,000 after buying an additional 2,227 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC increased its position in shares of First Trust Long Duration Opportunities ETF by 565.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock valued at $257,000 after buying an additional 10,512 shares during the period.

First Trust Long Duration Opportunities ETF Stock Performance

LGOV stock opened at $21.62 on Wednesday. The firm has a 50 day moving average of $21.23 and a 200-day moving average of $21.36. First Trust Long Duration Opportunities ETF has a 12 month low of $20.07 and a 12 month high of $23.64.

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.