NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Acquired by Opes Wealth Management LLC

Opes Wealth Management LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 15.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,695 shares of the company’s stock after acquiring an additional 5,150 shares during the quarter. Opes Wealth Management LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $905,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Schneider Downs Wealth Management Advisors LP lifted its stake 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 acquiring an additional 163,060 shares in the last quarter. Pallas Capital Advisors LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.5% in the third quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after acquiring an additional 51,904 shares in the last quarter. TruWealth Advisors LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 2.0% in the fourth quarter. TruWealth Advisors LLC now owns 655,457 shares of the company’s stock worth $15,738,000 after acquiring an additional 12,906 shares in the last quarter. Great Valley Advisor Group Inc. lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 4.0% in the third quarter. Great Valley Advisor Group Inc. now owns 410,816 shares of the company’s stock worth $10,106,000 after acquiring an additional 15,722 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 58.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 406,994 shares of the company’s stock valued at $9,772,000 after buying an additional 149,508 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of NYSEARCA MMIT opened at $24.14 on Friday. The stock’s 50 day moving average price is $24.11 and its two-hundred day moving average price is $24.30. NYLI MacKay Shields Municipal Intermediate ETF has a 52-week low of $23.76 and a 52-week high of $24.65.

NYLI MacKay Shields Municipal Intermediate ETF 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.