Stephens Inc. AR Buys New Stake in First Trust Intermediate Government Opportunities ETF $MGOV

Stephens Inc. AR purchased a new stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) during the first quarter, HoldingsChannel.com reports. The fund purchased 369,248 shares of the company’s stock, valued at approximately $7,487,000. Stephens Inc. AR owned approximately 0.07% of First Trust Intermediate Government Opportunities ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of MGOV. Osaic Holdings Inc. boosted its position in shares of First Trust Intermediate Government Opportunities ETF by 37.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock worth $157,000 after acquiring an additional 2,119 shares in the last quarter. Kovack Advisors Inc. acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF during the 4th quarter worth about $251,000. Benjamin Edwards Inc. purchased a new stake in First Trust Intermediate Government Opportunities ETF during the fourth quarter worth approximately $267,000. NewEdge Advisors LLC lifted its stake in First Trust Intermediate Government Opportunities ETF by 547.1% during the fourth quarter. NewEdge Advisors LLC now owns 22,572 shares of the company’s stock worth $462,000 after purchasing an additional 19,084 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in First Trust Intermediate Government Opportunities ETF by 7.9% during 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 during the last quarter.

First Trust Intermediate Government Opportunities ETF Stock Performance

First Trust Intermediate Government Opportunities ETF stock traded down $0.04 during mid-day trading on Tuesday, hitting $20.11. The company had a trading volume of 1,141 shares, compared to its average volume of 37,838. First Trust Intermediate Government Opportunities ETF has a 1 year low of $19.78 and a 1 year high of $20.95. The business has a fifty day moving average of $20.17 and a 200 day moving average of $20.38.

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.