Atria Wealth Solutions Inc. Sells 39,495 Shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Atria Wealth Solutions Inc. lowered its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,031,467 shares of the company’s stock after selling 39,495 shares during the period. Atria Wealth Solutions Inc. owned about 4.81% of First Trust Long Duration Opportunities ETF worth $21,496,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at about $155,000. US Bancorp DE bought a new stake in shares of First Trust Long Duration Opportunities ETF during the 3rd quarter valued at about $182,000. Kovack Advisors Inc. acquired a new stake in shares of First Trust Long Duration Opportunities ETF in the 3rd quarter valued at about $210,000. Private Client Services LLC increased its position 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 acquiring an additional 2,227 shares in the last quarter. Finally, Concorde Asset Management LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF in the third quarter valued at about $248,000.

First Trust Long Duration Opportunities ETF Stock Performance

LGOV opened at $21.05 on Tuesday. The firm has a 50-day moving average of $20.91 and a 200 day moving average of $21.55. First Trust Long Duration Opportunities ETF has a fifty-two week low of $20.07 and a fifty-two week high of $23.64.

First Trust Long Duration Opportunities ETF Company 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.