NYLI MacKay Shields Municipal Intermediate ETF $MMIT Holdings Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 436.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 115,546 shares of the company’s stock after purchasing an additional 93,988 shares during the quarter. Janney Montgomery Scott LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $2,785,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MMIT. Mariner LLC boosted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 1,689.0% during the third quarter. Mariner LLC now owns 1,181,175 shares of the company’s stock valued at $28,703,000 after buying an additional 1,115,151 shares in the last quarter. Midwest Trust Co lifted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 96.5% in the 4th quarter. Midwest Trust Co now owns 1,277,827 shares of the company’s stock valued at $31,090,000 after acquiring an additional 627,505 shares during the last quarter. Bank of America Corp DE boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 10.3% during the 3rd quarter. Bank of America Corp DE now owns 5,013,103 shares of the company’s stock valued at $121,818,000 after purchasing an additional 469,447 shares in the last quarter. Schneider Downs Wealth Management Advisors LP boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 22.0% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 2,242,166 shares of the company’s stock valued at $54,485,000 after purchasing an additional 403,900 shares in the last quarter. Finally, Flputnam Investment Management Co. grew its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 438.1% in the 4th quarter. Flputnam Investment Management Co. now owns 463,899 shares of the company’s stock worth $11,287,000 after purchasing an additional 377,693 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.33 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.68 and a 1 year high of $24.77. The firm’s 50 day moving average price is $24.30 and its two-hundred day moving average price is $24.38.

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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.