Commonwealth Equity Services LLC Raises Stock Position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Commonwealth Equity Services LLC lifted its position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 34.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 126,995 shares of the company’s stock after purchasing an additional 32,453 shares during the period. Commonwealth Equity Services LLC owned 7.94% of First Trust Intermediate Government Opportunities ETF worth $2,519,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sigma Planning Corp increased its stake in shares of First Trust Intermediate Government Opportunities ETF by 235.1% during the fourth quarter. Sigma Planning Corp now owns 205,395 shares of the company’s stock valued at $4,074,000 after buying an additional 144,093 shares during the period. Iams Wealth Management LLC bought a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 4th quarter valued at about $461,000. Narwhal Capital Management purchased a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 4th quarter worth approximately $321,000. Ashton Thomas Private Wealth LLC boosted its stake in shares of First Trust Intermediate Government Opportunities ETF by 48.0% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 29,074 shares of the company’s stock valued at $577,000 after purchasing an additional 9,434 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in First Trust Intermediate Government Opportunities ETF by 7.8% during the fourth quarter. IFP Advisors Inc now owns 26,818 shares of the company’s stock valued at $532,000 after buying an additional 1,941 shares during the period.

First Trust Intermediate Government Opportunities ETF Price Performance

Shares of NYSEARCA:MGOV opened at $20.16 on Thursday. The firm has a 50 day moving average of $20.06 and a 200 day moving average of $20.20. First Trust Intermediate Government Opportunities ETF has a 52 week low of $19.47 and a 52 week high of $21.13.

First Trust Intermediate Government Opportunities ETF Company Profile

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.