Landmark Wealth Management LLC cut its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) by 29.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 59,785 shares of the company’s stock after selling 24,521 shares during the period. Landmark Wealth Management LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $1,426,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in MMIT. Northwestern Mutual Wealth Management Co. acquired a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 1st quarter worth approximately $83,000. AE Wealth Management LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the first quarter valued at $230,000. Synovus Financial Corp raised its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 11.1% in the first quarter. Synovus Financial Corp now owns 11,095 shares of the company’s stock valued at $266,000 after acquiring an additional 1,110 shares in the last quarter. Vertex Planning Partners LLC raised its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 8.4% in the first quarter. Vertex Planning Partners LLC now owns 11,335 shares of the company’s stock valued at $272,000 after acquiring an additional 878 shares in the last quarter. Finally, Clear Creek Financial Management LLC acquired a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 1st quarter valued at about $347,000.
NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.2%
MMIT stock opened at $24.29 on Friday. The business’s 50-day moving average is $24.06 and its two-hundred day moving average is $23.85. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $22.99 and a 1 year high of $24.52.
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.
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Want to see what other hedge funds are holding MMIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report).
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