Narwhal Capital Management Acquires 58,514 Shares of First Trust Intermediate Government Opportunities ETF $MGOV

Narwhal Capital Management acquired a new position in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 58,514 shares of the company’s stock, valued at approximately $1,114,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Dedication LLC acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF during the third quarter worth $122,000. Kestra Advisory Services LLC acquired a new position in shares of First Trust Intermediate Government Opportunities ETF in the first quarter valued at about $205,000. Citadel Advisors LLC bought a new position in First Trust Intermediate Government Opportunities ETF during the second quarter worth about $868,000. NewEdge Advisors LLC increased its position in First Trust Intermediate Government Opportunities ETF by 94.3% during the first quarter. NewEdge Advisors LLC now owns 43,860 shares of the company’s stock worth $889,000 after acquiring an additional 21,288 shares during the period. Finally, Inspirion Wealth Advisors LLC bought a new position in First Trust Intermediate Government Opportunities ETF during the third quarter worth about $899,000.

First Trust Intermediate Government Opportunities ETF Trading Down 0.7%

Shares of First Trust Intermediate Government Opportunities ETF stock opened at $19.50 on Wednesday. First Trust Intermediate Government Opportunities ETF has a twelve month low of $18.94 and a twelve month high of $20.95. The company has a 50-day simple moving average of $19.42 and a two-hundred day simple moving average of $20.04.

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.