First Trust Intermediate Government Opportunities ETF $MGOV is Commonwealth Financial Services LLC’s 5th Largest Position

Commonwealth Financial Services LLC reduced its stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 3.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,024,179 shares of the company’s stock after selling 31,278 shares during the quarter. First Trust Intermediate Government Opportunities ETF accounts for 4.0% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 5th largest position. Commonwealth Financial Services LLC owned 0.31% of First Trust Intermediate Government Opportunities ETF worth $20,637,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Ameritas Advisory Services LLC purchased a new position in shares of First Trust Intermediate Government Opportunities ETF during the 2nd quarter worth approximately $75,000. Truist Financial Corp boosted its position in shares of First Trust Intermediate Government Opportunities ETF by 15.3% during the 2nd quarter. Truist Financial Corp now owns 192,640 shares of the company’s stock worth $3,882,000 after purchasing an additional 25,597 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of First Trust Intermediate Government Opportunities ETF by 5.9% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 30,803 shares of the company’s stock worth $624,000 after purchasing an additional 1,729 shares during the period. NewEdge Advisors LLC purchased a new position in shares of First Trust Intermediate Government Opportunities ETF during the 1st quarter worth approximately $2,404,000. Finally, Integrated Wealth Concepts LLC boosted its position in shares of First Trust Intermediate Government Opportunities ETF by 186.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 67,703 shares of the company’s stock worth $1,371,000 after purchasing an additional 44,039 shares during the period.

First Trust Intermediate Government Opportunities ETF Stock Up 0.5%

NYSEARCA:MGOV opened at $20.61 on Friday. The company has a 50 day moving average price of $20.39 and a 200 day moving average price of $20.14. First Trust Intermediate Government Opportunities ETF has a fifty-two week low of $19.54 and a fifty-two week high of $20.73.

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.