Centennial Wealth Advisory LLC lifted its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 109.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 394,494 shares of the company’s stock after acquiring an additional 205,721 shares during the quarter. First Trust Long Duration Opportunities ETF comprises 2.1% of Centennial Wealth Advisory LLC’s holdings, making the stock its 14th biggest position. Centennial Wealth Advisory LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $8,509,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF during the fourth quarter valued at $26,000. Larson Financial Group LLC boosted its position in shares of First Trust Long Duration Opportunities ETF by 21.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,669 shares of the company’s stock valued at $58,000 after purchasing an additional 469 shares during the period. Advisory Services Network LLC purchased a new position in First Trust Long Duration Opportunities ETF in the 3rd quarter worth about $61,000. Pinnacle Bancorp Inc. increased its stake in First Trust Long Duration Opportunities ETF by 310.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 3,026 shares of the company’s stock worth $66,000 after purchasing an additional 2,289 shares in the last quarter. Finally, Wealth Watch Advisors INC acquired a new stake in First Trust Long Duration Opportunities ETF during the 3rd quarter worth about $69,000. 0.03% of the stock is currently owned by institutional investors and hedge funds.
First Trust Long Duration Opportunities ETF Trading Up 0.4%
NYSEARCA LGOV opened at $21.46 on Wednesday. First Trust Long Duration Opportunities ETF has a 1 year low of $20.45 and a 1 year high of $23.59. The company has a market cap of $663.11 million, a PE ratio of -11,259.18 and a beta of 0.34. The stock’s 50-day moving average price is $21.46 and its two-hundred day moving average price is $21.72.
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.
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Want to see what other hedge funds are holding LGOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report).
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