First Trust Long Duration Opportunities ETF $LGOV is Walkner Condon Financial Advisors LLC’s 9th Largest Position

Walkner Condon Financial Advisors LLC lifted its holdings in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) by 25.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 677,378 shares of the company’s stock after acquiring an additional 139,332 shares during the quarter. First Trust Long Duration Opportunities ETF comprises approximately 2.3% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 9th largest holding. Walkner Condon Financial Advisors LLC’s holdings in First Trust Long Duration Opportunities ETF were worth $14,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of LGOV. CWM LLC lifted its position in First Trust Long Duration Opportunities ETF by 93.3% during the second quarter. CWM LLC now owns 2,598 shares of the company’s stock valued at $56,000 after purchasing an additional 1,254 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of First Trust Long Duration Opportunities ETF by 13.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 7,185 shares of the company’s stock worth $154,000 after buying an additional 860 shares during the last quarter. Faithward Advisors LLC bought a new stake in shares of First Trust Long Duration Opportunities ETF in the second quarter worth $217,000. Asset Allocation Strategies LLC purchased a new stake in First Trust Long Duration Opportunities ETF during the second quarter valued at $240,000. Finally, Apollon Wealth Management LLC lifted its holdings in First Trust Long Duration Opportunities ETF by 14.8% in the second quarter. Apollon Wealth Management LLC now owns 15,949 shares of the company’s stock valued at $342,000 after acquiring an additional 2,056 shares during the period. 0.03% of the stock is currently owned by institutional investors.

First Trust Long Duration Opportunities ETF Stock Performance

Shares of NYSEARCA:LGOV opened at $21.88 on Friday. The stock’s 50-day simple moving average is $21.94 and its two-hundred day simple moving average is $21.74. The stock has a market capitalization of $672.81 million, a price-to-earnings ratio of -11,479.54 and a beta of 0.33. First Trust Long Duration Opportunities ETF has a 52-week low of $19.91 and a 52-week high of $22.24.

First Trust Long Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 21st were paid a $0.0775 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, November 21st. First Trust Long Duration Opportunities ETF’s dividend payout ratio is -45,645.33%.

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.