Inspirion Wealth Advisors LLC Purchases 47,217 Shares of First Trust Intermediate Government Opportunities ETF $MGOV

Inspirion Wealth Advisors LLC acquired a new stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 47,217 shares of the company’s stock, valued at approximately $899,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in shares of First Trust Intermediate Government Opportunities ETF by 32.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,004,072 shares of the company’s stock worth $20,271,000 after buying an additional 245,936 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of First Trust Intermediate Government Opportunities ETF by 11.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 112,197 shares of the company’s stock valued at $2,265,000 after buying an additional 11,768 shares during the period. NewEdge Advisors LLC lifted its position in First Trust Intermediate Government Opportunities ETF by 52.7% during the 2nd quarter. NewEdge Advisors LLC now owns 71,551 shares of the company’s stock worth $1,445,000 after acquiring an additional 24,699 shares in the last quarter. Citadel Advisors LLC acquired a new position in First Trust Intermediate Government Opportunities ETF during the 2nd quarter worth approximately $868,000. Finally, Cetera Investment Advisers boosted its holdings in First Trust Intermediate Government Opportunities ETF by 8.5% in the 1st quarter. Cetera Investment Advisers now owns 206,115 shares of the company’s stock worth $4,179,000 after acquiring an additional 16,158 shares during the period.

First Trust Intermediate Government Opportunities ETF Stock Up 0.5%

Shares of NYSEARCA:MGOV opened at $19.11 on Friday. First Trust Intermediate Government Opportunities ETF has a 52-week low of $18.94 and a 52-week high of $20.95. The company has a 50 day moving average of $19.64 and a two-hundred day moving average of $19.98.

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.