Truist Financial Corp lessened its stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report) by 1.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 53,473 shares of the company’s stock after selling 810 shares during the quarter. Truist Financial Corp’s holdings in First Trust Long Duration Opportunities ETF were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of the stock. Benjamin Edwards Inc. purchased a new stake in First Trust Long Duration Opportunities ETF in the 1st quarter valued at approximately $29,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF in the second quarter valued at approximately $53,000. Core Wealth Partners LLC acquired a new position in First Trust Long Duration Opportunities ETF during the first quarter worth $215,000. Coppell Advisory Solutions Corp. purchased a new position in First Trust Long Duration Opportunities ETF in the first quarter worth $220,000. Finally, Comerica Bank acquired a new stake in First Trust Long Duration Opportunities ETF in the first quarter valued at $241,000.
First Trust Long Duration Opportunities ETF Stock Down 0.0 %
NYSEARCA:LGOV opened at $21.77 on Monday. The firm’s fifty day simple moving average is $22.29 and its 200-day simple moving average is $21.44. First Trust Long Duration Opportunities ETF has a fifty-two week low of $19.32 and a fifty-two week high of $23.64.
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.
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Want to see what other hedge funds are holding LGOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV – Free Report).
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