First Trust Long Duration Opportunities ETF $LGOV Shares Acquired by Anderson Financial Strategies LLC

Anderson Financial Strategies LLC increased its holdings in First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 324,095 shares of the company’s stock after purchasing an additional 30,200 shares during the period. First Trust Long Duration Opportunities ETF accounts for 4.2% of Anderson Financial Strategies LLC’s investment portfolio, making the stock its 11th biggest position. Anderson Financial Strategies LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $7,049,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in LGOV. CWM LLC grew its holdings in First Trust Long Duration Opportunities ETF by 93.3% in the 2nd quarter. CWM LLC now owns 2,598 shares of the company’s stock valued at $56,000 after buying an additional 1,254 shares during the period. Geneos Wealth Management Inc. raised its stake in First Trust Long Duration Opportunities ETF by 13.6% during the second quarter. Geneos Wealth Management Inc. now owns 7,185 shares of the company’s stock worth $154,000 after purchasing an additional 860 shares during the period. Faithward Advisors LLC acquired a new position in shares of First Trust Long Duration Opportunities ETF in the 2nd quarter valued at $217,000. Asset Allocation Strategies LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF during the 2nd quarter valued at $240,000. Finally, Apollon Wealth Management LLC increased its holdings in shares of First Trust Long Duration Opportunities ETF by 14.8% during the 2nd quarter. Apollon Wealth Management LLC now owns 15,949 shares of the company’s stock worth $342,000 after buying an additional 2,056 shares during the last quarter. 0.03% of the stock is owned by institutional investors and hedge funds.

First Trust Long Duration Opportunities ETF Trading Down 0.1%

Shares of LGOV opened at $21.74 on Wednesday. First Trust Long Duration Opportunities ETF has a twelve month low of $19.91 and a twelve month high of $22.24. The firm has a market capitalization of $668.51 million, a P/E ratio of -11,406.09 and a beta of 0.33. The stock’s fifty day simple moving average is $21.89 and its 200 day simple moving average is $21.80.

First Trust Long Duration Opportunities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st were paid a $0.0775 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, January 21st. First Trust Long Duration Opportunities ETF’s payout ratio is currently -46,169.99%.

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. LGOV was launched on Jan 22, 2019 and is managed by First Trust.