Inspirion Wealth Advisors LLC Decreases Stock Holdings in First Trust Intermediate Government Opportunities ETF $MGOV

Inspirion Wealth Advisors LLC lowered its stake in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOVFree Report) by 48.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,060 shares of the company’s stock after selling 59,957 shares during the quarter. Inspirion Wealth Advisors LLC owned about 1.61% of First Trust Intermediate Government Opportunities ETF worth $1,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. raised its holdings in First Trust Intermediate Government Opportunities ETF by 37.4% in the second quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock worth $157,000 after purchasing an additional 2,119 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter valued at about $479,000. Citadel Advisors LLC boosted its holdings in shares of First Trust Intermediate Government Opportunities ETF by 7.9% in the 3rd quarter. Citadel Advisors LLC now owns 26,581 shares of the company’s stock valued at $544,000 after buying an additional 1,939 shares in the last quarter. Prospera Financial Services Inc purchased a new position in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter worth approximately $743,000. Finally, Narwhal Capital Management grew its position in shares of First Trust Intermediate Government Opportunities ETF by 22.4% in the 3rd quarter. Narwhal Capital Management now owns 41,036 shares of the company’s stock worth $840,000 after buying an additional 7,521 shares during the last quarter.

First Trust Intermediate Government Opportunities ETF Trading Down 1.0%

NYSEARCA MGOV opened at $20.28 on Monday. First Trust Intermediate Government Opportunities ETF has a 52 week low of $19.56 and a 52 week high of $20.95. The company has a 50 day moving average price of $20.59 and a 200 day moving average price of $20.57.

First Trust Intermediate Government Opportunities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were issued a $0.085 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Friday, February 20th.

First Trust Intermediate Government Opportunities ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

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