First Trust Advisors LP Increases Position in First Trust Intermediate Government Opportunities ETF $MGOV

First Trust Advisors LP lifted its stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 37.6% in the 1st quarter, HoldingsChannel reports. The fund owned 249,647 shares of the company’s stock after purchasing an additional 68,232 shares during the quarter. First Trust Advisors LP’s holdings in First Trust Intermediate Government Opportunities ETF were worth $5,062,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. HighTower Advisors LLC lifted its stake in shares of First Trust Intermediate Government Opportunities ETF by 0.5% during the 4th quarter. HighTower Advisors LLC now owns 133,946 shares of the company’s stock worth $2,743,000 after purchasing an additional 603 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in First Trust Intermediate Government Opportunities ETF by 1.1% in the third quarter. Integrated Wealth Concepts LLC now owns 85,489 shares of the company’s stock valued at $1,750,000 after purchasing an additional 963 shares during the last quarter. Narwhal Capital Management raised its holdings in First Trust Intermediate Government Opportunities ETF by 3.5% in the fourth quarter. Narwhal Capital Management now owns 42,453 shares of the company’s stock worth $869,000 after purchasing an additional 1,417 shares in the last quarter. Citadel Advisors LLC raised its holdings in First Trust Intermediate Government Opportunities ETF by 7.9% in the third quarter. Citadel Advisors LLC now owns 26,581 shares of the company’s stock worth $544,000 after purchasing an additional 1,939 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in First Trust Intermediate Government Opportunities ETF by 37.4% in the second quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock worth $157,000 after purchasing an additional 2,119 shares in the last quarter.

First Trust Intermediate Government Opportunities ETF Price Performance

MGOV stock opened at $19.82 on Tuesday. First Trust Intermediate Government Opportunities ETF has a one year low of $19.72 and a one year high of $20.95. The firm has a 50-day simple moving average of $20.08 and a two-hundred day simple moving average of $20.31.

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.