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

Csenge Advisory Group grew its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 974,216 shares of the company’s stock after buying an additional 56,704 shares during the quarter. First Trust Long Duration Opportunities ETF accounts for about 1.0% of Csenge Advisory Group’s portfolio, making the stock its 16th largest holding. Csenge Advisory Group’s holdings in First Trust Long Duration Opportunities ETF were worth $21,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Stephens Inc. AR increased its stake in First Trust Long Duration Opportunities ETF by 2.9% during the 4th quarter. Stephens Inc. AR now owns 671,371 shares of the company’s stock worth $14,656,000 after buying an additional 19,229 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of First Trust Long Duration Opportunities ETF by 14.3% during the 4th quarter. Western Wealth Management LLC now owns 30,136 shares of the company’s stock worth $658,000 after purchasing an additional 3,768 shares during the last quarter. World Investment Advisors acquired a new position in shares of First Trust Long Duration Opportunities ETF during the 4th quarter worth approximately $225,000. Tsfg LLC boosted its holdings in shares of First Trust Long Duration Opportunities ETF by 40.0% during the 4th quarter. Tsfg LLC now owns 259,713 shares of the company’s stock worth $5,670,000 after purchasing an additional 74,227 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in First Trust Long Duration Opportunities ETF in the fourth quarter valued at approximately $26,000. Hedge funds and other institutional investors own 0.03% of the company’s stock.

First Trust Long Duration Opportunities ETF Stock Performance

LGOV opened at $21.16 on Tuesday. The business’s 50 day moving average price is $21.62 and its 200 day moving average price is $21.85. First Trust Long Duration Opportunities ETF has a one year low of $20.37 and a one year high of $23.59. The stock has a market capitalization of $653.84 million, a PE ratio of -11,101.78 and a beta of 0.34.

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