Walkner Condon Financial Advisors LLC Sells 17,854 Shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Walkner Condon Financial Advisors LLC decreased its position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 4.5% during the 3rd quarter, Holdings Channel reports. The firm owned 376,917 shares of the company’s stock after selling 17,854 shares during the period. First Trust Long Duration Opportunities ETF comprises about 1.7% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 11th biggest holding. Walkner Condon Financial Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $8,443,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in LGOV. Janney Montgomery Scott LLC grew its holdings in First Trust Long Duration Opportunities ETF by 209.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 273,059 shares of the company’s stock worth $5,838,000 after acquiring an additional 184,808 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $2,085,000. Oppenheimer & Co. Inc. grew its position in shares of First Trust Long Duration Opportunities ETF by 31.1% in the 1st quarter. Oppenheimer & Co. Inc. now owns 17,891 shares of the company’s stock worth $383,000 after buying an additional 4,242 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of First Trust Long Duration Opportunities ETF by 7.8% during the first quarter. Concurrent Investment Advisors LLC now owns 64,627 shares of the company’s stock valued at $1,382,000 after acquiring an additional 4,665 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its stake in First Trust Long Duration Opportunities ETF by 5.8% in the first quarter. Kingsview Wealth Management LLC now owns 146,672 shares of the company’s stock worth $3,136,000 after acquiring an additional 8,062 shares during the period.

First Trust Long Duration Opportunities ETF Price Performance

Shares of First Trust Long Duration Opportunities ETF stock opened at $21.03 on Thursday. The company’s fifty day simple moving average is $22.04 and its two-hundred day simple moving average is $21.52. First Trust Long Duration Opportunities ETF has a 12-month low of $20.01 and a 12-month high of $23.64.

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.