Curran Financial Partners LLC purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,737 shares of the company’s stock, valued at approximately $330,000.
Several other hedge funds also recently made changes to their positions in MMIT. Brady Martz Wealth Solutions LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth about $5,751,000. Schneider Downs Wealth Management Advisors LP lifted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.8% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 1,440,403 shares of the company’s stock worth $35,434,000 after buying an additional 163,060 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 58.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 406,994 shares of the company’s stock valued at $9,772,000 after acquiring an additional 149,508 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 69.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 362,707 shares of the company’s stock valued at $8,709,000 after acquiring an additional 148,365 shares during the period. Finally, Pallas Capital Advisors LLC grew its stake in NYLI MacKay Shields Municipal Intermediate ETF by 5.5% during the third quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock valued at $24,223,000 after acquiring an additional 51,904 shares in the last quarter.
NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.2 %
NYSEARCA MMIT opened at $24.08 on Monday. The company’s 50 day simple moving average is $24.18 and its two-hundred day simple moving average is $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.76 and a 1 year high of $24.65.
About NYLI MacKay Shields Municipal Intermediate ETF
The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years.
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