First Trust Intermediate Government Opportunities ETF $MGOV Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its holdings in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 43.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,008 shares of the company’s stock after buying an additional 86,103 shares during the period. Envestnet Asset Management Inc. owned about 9.34% of First Trust Intermediate Government Opportunities ETF worth $5,834,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. EWG Elevate Inc. purchased a new position in shares of First Trust Intermediate Government Opportunities ETF in the 3rd quarter valued at about $5,468,000. Inspirion Wealth Advisors LLC boosted its holdings in First Trust Intermediate Government Opportunities ETF by 52.7% in the third quarter. Inspirion Wealth Advisors LLC now owns 125,017 shares of the company’s stock valued at $2,609,000 after purchasing an additional 43,149 shares in the last quarter. First Trust Advisors LP increased its stake in First Trust Intermediate Government Opportunities ETF by 71.9% in the second quarter. First Trust Advisors LP now owns 186,456 shares of the company’s stock valued at $3,757,000 after purchasing an additional 78,011 shares during the last quarter. Jane Street Group LLC purchased a new position in First Trust Intermediate Government Opportunities ETF in the second quarter valued at approximately $1,697,000. Finally, Osaic Holdings Inc. raised its holdings in 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 worth $157,000 after purchasing an additional 2,119 shares in the last quarter.

First Trust Intermediate Government Opportunities ETF Stock Performance

Shares of NYSEARCA:MGOV opened at $20.68 on Friday. First Trust Intermediate Government Opportunities ETF has a twelve month low of $19.56 and a twelve month high of $20.84. The firm has a 50 day simple moving average of $20.54 and a 200-day simple moving average of $20.51.

First Trust Intermediate Government Opportunities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be issued a $0.085 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Friday, February 20th.

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.