Oppenheimer & Co. Inc. Acquires New Stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Oppenheimer & Co. Inc. purchased a new stake in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,155 shares of the company’s stock, valued at approximately $358,000.

Other large investors have also recently modified their holdings of the company. Hilltop National Bank bought a new stake in First Trust Intermediate Government Opportunities ETF during the second quarter worth about $74,000. Sigma Planning Corp raised its holdings in shares of First Trust Intermediate Government Opportunities ETF by 7.4% during the 3rd quarter. Sigma Planning Corp now owns 61,302 shares of the company’s stock valued at $1,279,000 after buying an additional 4,207 shares in the last quarter. Truist Financial Corp lifted its position 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 worth $2,881,000 after buying an additional 11,579 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in First Trust Intermediate Government Opportunities ETF by 8.7% in the second quarter. Envestnet Asset Management Inc. now owns 144,110 shares of the company’s stock worth $2,881,000 after buying an additional 11,579 shares in the last quarter. Finally, VitalStone Financial LLC bought a new position in First Trust Intermediate Government Opportunities ETF during the third quarter valued at approximately $362,000.

First Trust Intermediate Government Opportunities ETF Price Performance

MGOV stock opened at $19.96 on Friday. First Trust Intermediate Government Opportunities ETF has a one year low of $19.47 and a one year high of $21.13. The company’s 50 day moving average price is $20.48 and its two-hundred day moving average price is $20.35.

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.