Inspirion Wealth Advisors LLC Increases Stock Position in First Trust Intermediate Government Opportunities ETF $MGOV

Inspirion Wealth Advisors LLC increased its holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 52.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 125,017 shares of the company’s stock after purchasing an additional 43,149 shares during the quarter. First Trust Intermediate Government Opportunities ETF accounts for about 0.4% of Inspirion Wealth Advisors LLC’s holdings, making the stock its 29th biggest holding. Inspirion Wealth Advisors LLC’s holdings in First Trust Intermediate Government Opportunities ETF were worth $2,609,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in MGOV. Ashton Thomas Private Wealth LLC lifted its stake 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 last quarter. Osaic Holdings Inc. lifted its position in shares of First Trust Intermediate Government Opportunities ETF by 37.4% during the second quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock valued at $157,000 after buying an additional 2,119 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of First Trust Intermediate Government Opportunities ETF in the 2nd quarter valued at about $75,000. Harbour Investments Inc. grew its position in shares of First Trust Intermediate Government Opportunities ETF by 10.2% in the 2nd quarter. Harbour Investments Inc. now owns 80,339 shares of the company’s stock worth $1,619,000 after buying an additional 7,425 shares during the last quarter. Finally, Truist Financial Corp raised its stake 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 acquiring an additional 25,597 shares in the last quarter.

First Trust Intermediate Government Opportunities ETF Stock Up 0.2%

Shares of MGOV stock opened at $20.42 on Tuesday. First Trust Intermediate Government Opportunities ETF has a 12-month low of $19.54 and a 12-month high of $20.76. The business’s fifty day simple moving average is $20.59 and its 200-day simple moving average is $20.33.

First Trust Intermediate Government Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a $0.085 dividend. The ex-dividend date was Friday, November 21st. This represents a c) dividend on an annualized basis and a yield of 5.0%.

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.