Heck Capital Advisors LLC Acquires Shares of 255,230 First Trust Long Duration Opportunities ETF $LGOV

Heck Capital Advisors LLC acquired a new stake in shares of First Trust Long Duration Opportunities ETF (NYSEARCA:LGOV) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 255,230 shares of the company’s stock, valued at approximately $5,462,000. Heck Capital Advisors LLC owned approximately 0.84% of First Trust Long Duration Opportunities ETF as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC purchased a new stake in shares of First Trust Long Duration Opportunities ETF in the second quarter worth about $506,000. Western Wealth Management LLC grew its holdings in First Trust Long Duration Opportunities ETF by 4.1% during the 1st quarter. Western Wealth Management LLC now owns 31,366 shares of the company’s stock valued at $677,000 after buying an additional 1,230 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in First Trust Long Duration Opportunities ETF by 36.2% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 14,584 shares of the company’s stock valued at $315,000 after buying an additional 3,874 shares in the last quarter. IFS Group LLC bought a new stake in First Trust Long Duration Opportunities ETF in the 1st quarter worth approximately $517,000. Finally, Royal Bank of Canada increased its stake in First Trust Long Duration Opportunities ETF by 8.8% in the 1st quarter. Royal Bank of Canada now owns 2,020,458 shares of the company’s stock worth $43,581,000 after acquiring an additional 164,213 shares during the last quarter. 0.03% of the stock is owned by institutional investors.

First Trust Long Duration Opportunities ETF Price Performance

Shares of LGOV opened at $20.89 on Wednesday. The stock has a market capitalization of $618.34 million, a price-to-earnings ratio of -10,960.13 and a beta of 0.34. First Trust Long Duration Opportunities ETF has a 1 year low of $20.45 and a 1 year high of $23.59. The business’s 50 day simple moving average is $21.22 and its 200-day simple moving average is $21.55.

First Trust Long Duration Opportunities ETF 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.