IFP Advisors Inc Raises Stock Holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

IFP Advisors Inc raised its holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,818 shares of the company’s stock after buying an additional 1,941 shares during the quarter. IFP Advisors Inc owned about 1.68% of First Trust Intermediate Government Opportunities ETF worth $532,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MGOV. Sigma Planning Corp raised its stake in First Trust Intermediate Government Opportunities ETF by 7.4% in the third quarter. Sigma Planning Corp now owns 61,302 shares of the company’s stock valued at $1,279,000 after buying an additional 4,207 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in First Trust Intermediate Government Opportunities ETF in the third quarter valued at about $410,000. Oppenheimer & Co. Inc. purchased a new stake in First Trust Intermediate Government Opportunities ETF in the third quarter valued at about $358,000. Narwhal Capital Management purchased a new stake in First Trust Intermediate Government Opportunities ETF in the fourth quarter valued at about $321,000. Finally, Iams Wealth Management LLC purchased a new stake in First Trust Intermediate Government Opportunities ETF in the fourth quarter valued at about $461,000.

First Trust Intermediate Government Opportunities ETF Trading Up 0.4 %

First Trust Intermediate Government Opportunities ETF stock opened at $20.30 on Friday. The stock has a 50-day moving average of $19.87 and a two-hundred day moving average of $20.26. First Trust Intermediate Government Opportunities ETF has a one year low of $19.47 and a one year high of $21.13.

About First Trust Intermediate Government Opportunities ETF

The First Trust Intermediate Government Opportunities ETF (MGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that mainly invests in U.S. Treasury and mortgage-related securities MGOV was launched on Aug 2, 2023 and is issued by First Trust.