Inspirion Wealth Advisors LLC Lowers Holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Inspirion Wealth Advisors LLC reduced its stake in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 28.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 89,423 shares of the company’s stock after selling 35,594 shares during the period. Inspirion Wealth Advisors LLC owned approximately 0.06% of First Trust Intermediate Government Opportunities ETF worth $1,762,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sigma Planning Corp increased its holdings in First Trust Intermediate Government Opportunities ETF by 7.4% in the 3rd quarter. Sigma Planning Corp now owns 61,302 shares of the company’s stock valued at $1,279,000 after acquiring an additional 4,207 shares during the last quarter. Truist Financial Corp increased its holdings in shares of First Trust Intermediate Government Opportunities ETF by 8.7% in the second quarter. Truist Financial Corp now owns 144,110 shares of the company’s stock worth $2,881,000 after purchasing an additional 11,579 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of First Trust Intermediate Government Opportunities ETF by 8.7% in the second quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in First Trust Intermediate Government Opportunities ETF during the third quarter valued at approximately $358,000. Finally, VitalStone Financial LLC purchased a new position in First Trust Intermediate Government Opportunities ETF during the 3rd quarter valued at approximately $362,000.

First Trust Intermediate Government Opportunities ETF Price Performance

MGOV stock opened at $19.87 on Friday. The firm has a fifty day moving average price of $19.98 and a 200 day moving average price of $20.33. First Trust Intermediate Government Opportunities ETF has a fifty-two week low of $19.47 and a fifty-two week high of $21.13.

First Trust Intermediate Government Opportunities ETF 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.