Sequent Planning LLC Boosts Holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV)

Sequent Planning LLC lifted its stake in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 1.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 121,104 shares of the company’s stock after buying an additional 2,163 shares during the quarter. First Trust Long Duration Opportunities ETF makes up 0.9% of Sequent Planning LLC’s holdings, making the stock its 25th largest holding. Sequent Planning LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $2,524,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of LGOV. Private Trust Co. NA raised its position in shares of First Trust Long Duration Opportunities ETF by 41.6% in the 4th quarter. Private Trust Co. NA now owns 3,294 shares of the company’s stock worth $69,000 after purchasing an additional 967 shares during the last quarter. Synergy Investment Management LLC purchased a new position in shares of First Trust Long Duration Opportunities ETF in the 4th quarter worth about $174,000. US Bancorp DE increased its holdings in First Trust Long Duration Opportunities ETF by 30.8% in the 4th quarter. US Bancorp DE now owns 10,628 shares of the company’s stock worth $221,000 after buying an additional 2,500 shares in the last quarter. Private Client Services LLC increased its holdings in First Trust Long Duration Opportunities ETF by 24.4% in the 4th quarter. Private Client Services LLC now owns 11,342 shares of the company’s stock worth $236,000 after buying an additional 2,227 shares in the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC increased its holdings in First Trust Long Duration Opportunities ETF by 565.2% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 12,372 shares of the company’s stock worth $257,000 after buying an additional 10,512 shares in the last quarter.

First Trust Long Duration Opportunities ETF Trading Down 0.3 %

NYSEARCA LGOV opened at $21.53 on Monday. First Trust Long Duration Opportunities ETF has a one year low of $20.07 and a one year high of $23.64. The stock has a 50-day moving average of $21.13 and a 200 day moving average of $21.42.

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.