MGOV First Trust Intermediate Government Opportunities ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
First Trust Intermediate Government Opportunities ETF (MGOV) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2023-08-02
- Has Options
- No
- Expense ratio
- —
- Assets
- $94M issuer-reported, Oct 20, 2026
- Trailing yield
- 4.89% paid monthly
- Average daily volume
- $758K 30 sessions
- Holdings
- 215 top 10 are 29.4%
- Listed
- Aug 2, 2023 NYSE Arca
- Net asset value
- $19.33 issuer, Oct 20, 2026
- 30-day SEC yield
- 4.23% issuer, Sep 30, 2026
Moves with. Long Treasuries (51% of its variance, beta 0.32); High yield over Treasuries (10% of its variance, beta -0.25); US large-cap stocks (5% of its variance, beta 0.05). These factors explain 72% of its daily moves over the last year.
Stated objective. The First Trust Intermediate Government Opportunities ETF seeks to maximize long-term total return. (from the fund's prospectus)
All 215 holdingsFlow historyOverlap toolAll Multisector Bond ETFs
- Jul 2026
- −$3.0M latest reported month
- Latest 3 months
- +$10K +0.0% of assets
- Latest 12 months
- +$36M +35.9% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | −$3.0M |
| Jun 2026 | +$4.0M |
| May 2026 | −$1.0M |
| Apr 2026 | −$1.0M |
| Mar 2026 | +$15M |
| Feb 2026 | +$5.1M |
| Jan 2026 | +$1.0M |
| Dec 2025 | +$2.0M |
| Nov 2025 | +$19M |
| Oct 2025 | −$17M |
| Sep 2025 | +$9.2M |
| Aug 2025 | +$3.0M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 36 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BINCiShares Flexible Income Active ETF | — | 0.40% | $16.5B | −4.9% | compare |
| PYLDPIMCO Multi Sector Bond Active ETF | — | 0.64% | $16.4B | −5.3% | compare |
| JPIEJPMorgan Income ETF | — | 0.39% | $11.2B | −3.2% | compare |
| BONDPIMCO Active Bond Exchange-Traded Fund | — | 0.54% | $8.6B | −6.8% | compare |
| CGCPCapital Group Core Plus Income ETF | — | 0.34% | $8.5B | −6.8% | compare |
The largest other funds in the Multisector Bond category.
- Authorized participants
- 4 active of 25 with agreements; top 3 did 98%
- Created · redeemed
- $26M · $25M over the fiscal year
- Redemptions in kind
- 0% creations 0% in kind
- Creation unit
- 50,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-21 | 2026-10-30 | $0.0700 | CD |
| 2026-09-24 | 2026-09-30 | $0.0700 | CD |
| 2026-08-21 | 2026-08-31 | $0.0700 | CD |
| 2026-07-21 | 2026-07-31 | $0.0700 | CD |
| 2026-06-25 | 2026-06-30 | $0.0750 | CD |
| 2026-05-21 | 2026-05-29 | $0.0800 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | Fannie Mae or Freddie Mac TBA, 5.50%, due 04/01/2056 | 5.01% | MBS/ABS | US |
| — | GNMA G2 MA7366, 2%, due 05/20/2051 | 4.12% | MBS/ABS | — |
| — | Fannie Mae or Freddie Mac TBA, 6%, due 06/01/2056 | 3.21% | MBS/ABS | US |
| — | Fannie Mae FN MA4319, 2%, due 04/01/2051 | 2.97% | MBS/ABS | — |
| — | Fannie Mae FN MA4392, 2.50%, due 07/01/2051 | 2.74% | MBS/ABS | — |
| — | Fannie Mae FN MA4057, 2.50%, due 06/01/2050 | 2.73% | MBS/ABS | — |
| — | Fannie Mae Series 2025-49, Class FA, Variable rate, due 06/25/2055 | 2.25% | MBS/ABS | — |
| — | Fannie Mae FN BM7521, 3.50%, due 10/01/2048 | 2.20% | MBS/ABS | — |
| — | U.S. Treasury Bond, 0%, due 05/15/2034 | 2.18% | Treasury | US |
| — | Fannie Mae or Freddie Mac TBA, 3.50%, due 02/01/2052 | 2.00% | MBS/ABS | US |
| — | Freddie Mac Series 5642, Class FN, Variable rate, due 03/25/2056 | 2.00% | MBS/ABS | — |
| — | Freddie Mac FR SL1523, 3.50%, due 07/01/2050 | 1.93% | MBS/ABS | — |
| — | Freddie Mac - SLST Series 2025-2, Class A2, 3%, due 10/25/2035 | 1.91% | MBS/ABS | — |
| — | Fannie Mae Series 2012-118, Class VZ, 3%, due 11/25/2042 | 1.88% | MBS/ABS | — |
| — | Freddie Mac Series 4741, Class GY, 3%, due 12/15/2047 | 1.84% | MBS/ABS | — |
| — | Fannie Mae FN BM4963, 3%, due 05/01/2048 | 1.82% | MBS/ABS | — |
| — | Freddie Mac Series 5082, Class LA, 1.50%, due 03/25/2051 | 1.76% | MBS/ABS | — |
| — | Freddie Mac Series 5075, Class Q, 1.50%, due 02/25/2051 | 1.73% | MBS/ABS | — |
| — | Fannie Mae Series 2014-60, Class EZ, 3%, due 10/25/2044 | 1.58% | MBS/ABS | — |
| — | Freddie Mac Series 4639, Class HZ, Variable rate, due 04/15/2053 | 1.58% | MBS/ABS | — |
| — | Freddie Mac FT ZT2264, 4%, due 03/01/2044 | 1.50% | MBS/ABS | — |
| — | Freddie Mac Series 5066, Class MA, 1.50%, due 01/25/2051 | 1.44% | MBS/ABS | — |
| — | GNMA Series 2015-123, Class ZA, 3.50%, due 09/20/2045 | 1.37% | MBS/ABS | — |
| — | Freddie Mac - SLST Series 2025-1, Class YF, Variable rate, due 05/25/2035 | 1.35% | MBS/ABS | — |
| — | GNMA Series 2022-139, Class AL, 4%, due 07/20/2051 | 1.35% | MBS/ABS | — |
| — | GNMA Series 2026-2, Class AF, Variable rate, due 01/20/2056 | 1.28% | MBS/ABS | — |
| — | Fannie Mae FN AL9394, 3%, due 11/01/2046 | 1.25% | MBS/ABS | — |
| — | Fannie Mae FN FA1348, 4.50%, due 09/01/2052 | 1.21% | MBS/ABS | — |
| — | Fannie Mae Series 2012-134, Class ZC, 2.50%, due 12/25/2042 | 1.20% | MBS/ABS | — |
| — | Fannie Mae Series 2024-6, Class AL, 2%, due 04/01/2040 | 1.19% | MBS/ABS | US |
| — | Fannie Mae FN AS7738, 3%, due 08/01/2046 | 1.14% | MBS/ABS | — |
| — | FHLMC Multifamily Structured Pass Through Certs. Series K152, Class A1, 2.83%, due 05/25/2030 | 1.13% | MBS/ABS | — |
| — | Fannie Mae Series 2016-94, Class MB, 2.50%, due 12/25/2046 | 1.10% | MBS/ABS | — |
| — | Freddie Mac - SLST Series 2025-1, Class A2, 3%, due 05/25/2035 | 1.10% | MBS/ABS | — |
| — | GNMA Series 2023-81, Class YD, 4%, due 06/20/2053 | 1.08% | MBS/ABS | — |
| — | U.S. Treasury Bond, 0%, due 08/15/2034 | 1.08% | Treasury | US |
| — | GNMA Series 2025-4, Class FY, Variable rate, due 01/20/2055 | 1.07% | MBS/ABS | — |
| — | Fannie Mae Series 2017-49, Class ZJ, 4%, due 07/25/2057 | 1.06% | MBS/ABS | — |
| — | Fannie Mae FN BF0207, 4.50%, due 04/01/2047 | 1.05% | MBS/ABS | — |
| — | U.S. Treasury Note, 4.125%, due 06/15/2029 | 1.05% | Treasury | US |
| — | Freddie Mac Series 4316, Class BZ, 3%, due 03/15/2044 | 1.04% | MBS/ABS | — |
| — | U.S. Treasury Bond, 5.125%, due 08/15/2056 | 1.02% | Treasury | US |
| — | GNMA TBA, 6.50%, due 01/01/2056 | 1.01% | MBS/ABS | US |
| — | Freddie Mac Series 4213, Class GZ, 3.50%, due 06/15/2043 | 0.97% | MBS/ABS | — |
| — | Chase Mortgage Finance Corporation Series 2026-CINV1, Class A11, Variable rate, due 01/25/2057 | 0.96% | MBS/ABS | — |
| — | Fannie Mae FN MA4199, 1.50%, due 11/01/2050 | 0.94% | MBS/ABS | — |
| — | Fannie Mae or Freddie Mac TBA, 2.50%, due 11/01/2051 | 0.89% | MBS/ABS | US |
| — | Freddie Mac - SLST Series 2024-2, Class VF, Variable rate, due 10/25/2034 | 0.89% | MBS/ABS | US |
| — | Freddie Mac Series 5325, Class SA, Variable rate, due 11/25/2052 | 0.87% | MBS/ABS | — |
| — | Freddie Mac Series 4798, Class GZ, 4%, due 06/15/2048 | 0.81% | MBS/ABS | — |
| Category | Weight | Value | Positions |
|---|---|---|---|
| ABS-O | 52.61% | $52.6M | 75 |
| Mortgage-backed (US Govt-Sponsored Entity) | 34.24% | $34.3M | 44 |
| US Treasury | 14.50% | $14.5M | 24 |
| Mortgage-backed (US Govt Agency) | 2.79% | $2.8M | 5 |
| Short-term investment | 1.12% | $1.1M | 1 |
| Corporate | 0.30% | $299996 | 1 |
| Derivative (interest rate) | -0.36% | $-357417 | 57 |
| Month | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|
| Jan | -- | -0.05% | 0.40% | 0.27% | 0.21% |
| Feb | -- | -2.16% | 2.05% | 1.86% | 0.58% |
| Mar | -- | -0.05% | -0.56% | -2.23% | -0.95% |
| Apr | -- | -2.41% | -0.34% | -0.21% | -0.99% |
| May | -- | 0.98% | -1.49% | -0.69% | -0.40% |
| Jun | -- | 0.19% | 1.78% | 0.27% | 0.75% |
| Jul | -- | 2.60% | -0.58% | -1.93% | 0.03% |
| Aug | 0.35% | 0.81% | 0.34% | 0.08% | 0.40% |
| Sep | -2.98% | 0.65% | 1.19% | -4.01% | -1.29% |
| Oct | -1.81% | -3.89% | 0.54% | 1.61%* | -0.89% |
| Nov | 3.87% | 1.47% | 0.33% | -- | 1.89% |
| Dec | 2.68% | -2.32% | -0.32% | -- | 0.01% |
| Total | 1.96% | -4.30% | 3.33% | -5.01% | -1.00% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: MGOV
Executive Summary
Overall assessment: NEUTRAL with a confidence level of 6/10.
Key drivers:
- The stock is trading in a range, as indicated by the ADX reading of 17.59.
- Momentum indicators are neutral, with RSI at 38.40 and MACD trending bearishly.
- Volatility metrics indicate low volatility, which could be a sign of a stable market or consolidation.
Primary risks:
- The stock is trading below its short-term moving averages, potentially indicating a downtrend.
- Low volume and no recent news headlines may indicate lack of institutional interest or catalysts.
Investment thesis: MGOV appears to be consolidating in a range, with a neutral momentum profile. While there are some bearish signals, the low volatility could suggest that the stock is stabilizing. A breakout above the upper Bollinger Band or a successful test of the lower band could provide an entry point.
Recent news sentiment impact: No recent news headlines available; therefore, no impact assessment can be made.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation in a range.
- Medium-term (1-3 months): Range-bound with a slight bearish bias.
- Long-term (3-12 months): Uptrend due to the stock's increasing value over time.
Support/Resistance Levels: Key price levels include:
- Upper Bollinger Band: $20.43
- Middle Bollinger Band: $20.18
- Lower Bollinger Band: $19.93
Momentum Signals:
- RSI (14): 38.40 (neutral)
- MACD signal line crossovers are bearish.
- Bollinger Bands position is neutral.
Volume Analysis: Volume trends and institutional interest signals indicate:
- Low volume, which may indicate a lack of interest or catalysts.
- On-Balance Volume (OBV) is negative, suggesting selling pressure.
- Volume Rate of Change is 28.85%, indicating an increase in trading activity.
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: Aggregate news sentiment cannot be assessed due to the lack of recent headlines.
Catalyst Identification: No upcoming events, earnings, product launches, or regulatory changes that could impact the stock's performance.
Market Narrative: The market is currently neutral, with no significant themes or narratives driving the price action. The lack of recent news and low volume suggest a lack of catalysts, making it challenging to establish a clear sentiment direction.
Risk & Volatility Assessment
Risk Metrics:
- Beta: 0.10 (vs SPY), indicating low volatility.
- Alpha: -0.00, suggesting no significant outperformance or underperformance relative to the market.
- Correlation: 0.23, indicating a moderate positive correlation with the S&P 500.
Volatility Regime: The current volatility regime is low, as indicated by the Average True Range (ATR) of $0.12 and historical volatility readings.
Options Market Signals: No options data available; therefore, no signals can be assessed.
Downside Protection: Support levels include:
- Upper Bollinger Band: $20.43
- Middle Bollinger Band: $20.18
- Lower Bollinger Band: $19.93
Market Context & Positioning
Market Performance: The sector is performing relatively well, with a moderate uptrend.
Institutional Activity: Low volume and no recent news headlines may indicate lack of institutional interest or catalysts.
Correlation Analysis: MGOV has a moderate positive correlation (0.23) with the S&P 500, indicating that it tends to move in tandem with the broader market.
Relative Valuation: The stock appears to be trading within its historical range, suggesting no significant deviations from fair value.
Key Levels & Action Items
Critical Price Levels:
- Upper Bollinger Band: $20.43
- Middle Bollinger Band: $20.18
- Lower Bollinger Band: $19.93
Breakout/Breakdown Levels: A breakout above the upper band or a successful test of the lower band could provide an entry point.
Time-Sensitive Catalysts: No upcoming events, earnings, product launches, or regulatory changes that could impact the stock's performance.
Risk Management: Stop-loss levels and position sizing considerations should be based on the risk tolerance and market conditions.
I hope this analysis meets your requirements!
MGOV Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
MGOV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|