Commonwealth Financial Services LLC Takes Position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Commonwealth Financial Services LLC acquired a new position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,053,833 shares of the company’s stock, valued at approximately $22,067,000. First Trust Intermediate Government Opportunities ETF comprises approximately 4.4% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 5th largest holding. Commonwealth Financial Services LLC owned approximately 0.66% of First Trust Intermediate Government Opportunities ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. VitalStone Financial LLC acquired a new position in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter valued at about $362,000. Truist Financial Corp increased its stake in First Trust Intermediate Government Opportunities ETF by 8.7% in the 2nd quarter. Truist Financial Corp now owns 144,110 shares of the company’s stock valued at $2,881,000 after buying an additional 11,579 shares during the period. Envestnet Asset Management Inc. increased its stake in First Trust Intermediate Government Opportunities ETF by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock valued at $2,881,000 after buying an additional 11,579 shares during the period. Commonwealth Equity Services LLC purchased a new stake in First Trust Intermediate Government Opportunities ETF in the 2nd quarter worth approximately $1,222,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF during the 2nd quarter valued at $2,017,000.

First Trust Intermediate Government Opportunities ETF Trading Up 0.1 %

Shares of First Trust Intermediate Government Opportunities ETF stock traded up $0.02 on Thursday, hitting $20.21. 1,468 shares of the company traded hands, compared to its average volume of 16,326. First Trust Intermediate Government Opportunities ETF has a 12-month low of $18.81 and a 12-month high of $21.13. The company has a 50-day moving average price of $20.75 and a 200 day moving average price of $20.29.

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.