EWG Elevate Inc. Acquires Shares of 267,132 First Trust Intermediate Government Opportunities ETF $MGOV
by Mitch Edgeman · The Markets DailyEWG Elevate Inc. acquired a new position in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV – Free Report) during the 3rd quarter, Holdings Channel reports. The firm acquired 267,132 shares of the company’s stock, valued at approximately $5,468,000. First Trust Intermediate Government Opportunities ETF accounts for about 1.7% of EWG Elevate Inc.’s investment portfolio, making the stock its 18th biggest position. EWG Elevate Inc. owned approximately 0.07% of First Trust Intermediate Government Opportunities ETF as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in MGOV. Ameritas Advisory Services LLC acquired a new stake in shares of First Trust Intermediate Government Opportunities ETF during the second quarter worth approximately $75,000. Osaic Holdings Inc. raised its holdings in First Trust Intermediate Government Opportunities ETF by 37.4% in the second quarter. Osaic Holdings Inc. now owns 7,788 shares of the company’s stock valued at $157,000 after acquiring an additional 2,119 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in 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 last quarter. Integrated Wealth Concepts LLC grew its holdings in First Trust Intermediate Government Opportunities ETF by 186.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 67,703 shares of the company’s stock worth $1,371,000 after acquiring an additional 44,039 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in First Trust Intermediate Government Opportunities ETF by 10.2% during the 2nd quarter. Harbour Investments Inc. now owns 80,339 shares of the company’s stock worth $1,619,000 after acquiring an additional 7,425 shares in the last quarter.
First Trust Intermediate Government Opportunities ETF Stock Performance
Shares of First Trust Intermediate Government Opportunities ETF stock opened at $20.48 on Wednesday. The firm’s 50-day simple moving average is $20.59 and its 200-day simple moving average is $20.33. First Trust Intermediate Government Opportunities ETF has a 1 year low of $19.54 and a 1 year high of $20.76.
First Trust Intermediate Government Opportunities ETF Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a dividend of $0.085 per share. The ex-dividend date was Friday, November 21st. This represents a c) annualized dividend 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.
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Want to see what other hedge funds are holding MGOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV – Free Report).