Geneos Wealth Management Inc. Grows Stock Position in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Geneos Wealth Management Inc. boosted its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 3.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,094 shares of the company’s stock after purchasing an additional 3,746 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Trust Long Duration Opportunities ETF were worth $2,294,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Accel Wealth Management increased its stake in shares of First Trust Long Duration Opportunities ETF by 7.0% during the fourth quarter. Accel Wealth Management now owns 77,227 shares of the company’s stock worth $1,609,000 after buying an additional 5,062 shares during the period. Midwest Financial Group LLC increased its position in shares of First Trust Long Duration Opportunities ETF by 0.9% in the 4th quarter. Midwest Financial Group LLC now owns 108,223 shares of the company’s stock valued at $2,255,000 after purchasing an additional 956 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of First Trust Long Duration Opportunities ETF by 14.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 367,062 shares of the company’s stock valued at $7,650,000 after purchasing an additional 45,332 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC grew its stake in shares of First Trust Long Duration Opportunities ETF by 565.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock worth $257,000 after purchasing an additional 10,512 shares in the last quarter. Finally, Financial Enhancement Group LLC purchased a new position in First Trust Long Duration Opportunities ETF in the fourth quarter valued at $14,089,000.

First Trust Long Duration Opportunities ETF Stock Performance

First Trust Long Duration Opportunities ETF stock opened at $20.76 on Monday. The stock’s fifty day moving average is $21.04 and its two-hundred day moving average is $21.60. First Trust Long Duration Opportunities ETF has a 1-year low of $20.07 and a 1-year 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.