Harbour Investments Inc. Reduces Position in First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV)

Harbour Investments Inc. cut its stake in shares of First Trust Intermediate Government Opportunities ETF (NYSEARCA:MGOV) by 48.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,141 shares of the company’s stock after selling 71,149 shares during the quarter. Harbour Investments Inc. owned about 4.70% of First Trust Intermediate Government Opportunities ETF worth $1,490,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGOV. Sigma Planning Corp lifted its position in First Trust Intermediate Government Opportunities ETF by 235.1% during the fourth quarter. Sigma Planning Corp now owns 205,395 shares of the company’s stock valued at $4,074,000 after purchasing an additional 144,093 shares during the period. Commonwealth Equity Services LLC lifted its position in First Trust Intermediate Government Opportunities ETF by 34.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 126,995 shares of the company’s stock valued at $2,519,000 after purchasing an additional 32,453 shares during the period. Iams Wealth Management LLC acquired a new position in First Trust Intermediate Government Opportunities ETF during the fourth quarter valued at $461,000. Oppenheimer & Co. Inc. acquired a new position in First Trust Intermediate Government Opportunities ETF during the third quarter valued at $358,000. Finally, Narwhal Capital Management acquired a new position in First Trust Intermediate Government Opportunities ETF during the fourth quarter valued at $321,000.

First Trust Intermediate Government Opportunities ETF Stock Performance

NYSEARCA MGOV opened at $20.20 on Wednesday. The company has a fifty day moving average of $19.99 and a 200 day moving average of $20.22. First Trust Intermediate Government Opportunities ETF has a 1 year low of $19.47 and a 1 year high of $21.13.

First Trust Intermediate Government Opportunities ETF 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.