First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) Shares Bought by Marshall Financial Group LLC

Marshall Financial Group LLC increased its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 676,567 shares of the company’s stock after acquiring an additional 43,218 shares during the period. First Trust Long Duration Opportunities ETF comprises about 3.4% of Marshall Financial Group LLC’s portfolio, making the stock its 7th largest position. Marshall Financial Group LLC owned about 3.15% of First Trust Long Duration Opportunities ETF worth $14,100,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Centaurus Financial Inc. bought a new position in shares of First Trust Long Duration Opportunities ETF during the 2nd quarter worth approximately $112,000. CWM LLC acquired a new position in First Trust Long Duration Opportunities ETF during the third quarter worth $155,000. US Bancorp DE bought a new position in First Trust Long Duration Opportunities ETF in the third quarter valued at $182,000. Private Client Services LLC acquired a new stake in First Trust Long Duration Opportunities ETF in the 3rd quarter valued at $204,000. Finally, Kovack Advisors Inc. bought a new stake in First Trust Long Duration Opportunities ETF during the 3rd quarter worth about $210,000.

First Trust Long Duration Opportunities ETF Stock Performance

First Trust Long Duration Opportunities ETF stock opened at $20.76 on Friday. The firm has a 50-day moving average of $21.04 and a 200-day moving average of $21.59. First Trust Long Duration Opportunities ETF has a one year low of $20.07 and a one year 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.