NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 26.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,963 shares of the company’s stock after selling 15,797 shares during the period. Private Advisor Group LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $1,081,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Massmutual Trust Co. FSB ADV increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 12.6% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 214,342 shares of the company’s stock worth $5,273,000 after purchasing an additional 23,995 shares during the last quarter. BCS Wealth Management increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 11.0% during the 3rd quarter. BCS Wealth Management now owns 41,721 shares of the company’s stock worth $1,026,000 after purchasing an additional 4,144 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 2nd quarter worth approximately $61,000. TruWealth Advisors LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the 3rd quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after purchasing an additional 44,203 shares during the last quarter. Finally, Vicus Capital increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 4.3% during the 3rd quarter. Vicus Capital now owns 206,333 shares of the company’s stock worth $5,076,000 after purchasing an additional 8,436 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Trading Down 0.1 %

Shares of MMIT opened at $24.12 on Friday. The stock has a 50 day moving average of $24.44 and a 200-day moving average of $24.29. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.32 and a 52 week high of $24.71.

NYLI MacKay Shields Municipal Intermediate ETF Company Profile

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.