Inspirion Wealth Advisors LLC Sells 35,594 Shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Inspirion Wealth Advisors LLC cut its stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 28.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,423 shares of the company’s stock after selling 35,594 shares during the quarter. Inspirion Wealth Advisors LLC owned about 5.59% of First Trust Intermediate Government Opportunities ETF worth $1,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Commonwealth Financial Services LLC purchased a new stake in First Trust Intermediate Government Opportunities ETF in the third quarter worth about $22,067,000. Truist Financial Corp increased its stake in shares of First Trust Intermediate Government Opportunities ETF by 8.7% during the second quarter. Truist Financial Corp now owns 144,110 shares of the company’s stock valued at $2,881,000 after purchasing an additional 11,579 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Intermediate Government Opportunities ETF by 8.7% during the second quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock valued at $2,881,000 after purchasing an additional 11,579 shares during the last quarter. Sigma Planning Corp grew its stake in shares of 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 worth $1,279,000 after buying an additional 4,207 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of First Trust Intermediate Government Opportunities ETF during the third quarter valued at $410,000.

First Trust Intermediate Government Opportunities ETF Price Performance

Shares of MGOV stock opened at $19.87 on Friday. First Trust Intermediate Government Opportunities ETF has a one year low of $19.47 and a one year high of $21.13. The company’s 50-day moving average is $19.98 and its 200 day moving average is $20.33.

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.