Truist Financial Corp Purchases 25,597 Shares of First Trust Intermediate Government Opportunities ETF $MGOV

Truist Financial Corp grew its position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 15.3% in the second quarter, HoldingsChannel.com reports. The fund owned 192,640 shares of the company’s stock after buying an additional 25,597 shares during the period. Truist Financial Corp owned about 0.06% of First Trust Intermediate Government Opportunities ETF worth $3,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Ashton Thomas Private Wealth LLC lifted 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 valued at $624,000 after acquiring an additional 1,729 shares during the period. NewEdge Advisors LLC bought a new position in shares of First Trust Intermediate Government Opportunities ETF in the 1st quarter valued at $2,404,000. Integrated Wealth Concepts LLC raised its stake in shares of First Trust Intermediate Government Opportunities ETF by 186.1% during the first quarter. Integrated Wealth Concepts LLC now owns 67,703 shares of the company’s stock valued at $1,371,000 after acquiring an additional 44,039 shares during the last quarter. Commonwealth Financial Services LLC raised its position in shares of First Trust Intermediate Government Opportunities ETF by 1.1% during the first quarter. Commonwealth Financial Services LLC now owns 1,055,457 shares of the company’s stock worth $21,378,000 after acquiring an additional 11,032 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in First Trust Intermediate Government Opportunities ETF by 44.4% in the first quarter. IFP Advisors Inc now owns 38,717 shares of the company’s stock worth $784,000 after purchasing an additional 11,899 shares in the last quarter.

First Trust Intermediate Government Opportunities ETF Price Performance

NYSEARCA:MGOV opened at $20.53 on Thursday. First Trust Intermediate Government Opportunities ETF has a one year low of $19.54 and a one year high of $20.73. The firm has a 50-day moving average of $20.37 and a 200-day moving average of $20.13.

About First Trust Intermediate Government Opportunities ETF

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.