Royal Bank of Canada Acquires 20,577 Shares of NYLI MacKay Muni Short Duration ETF $MMSD

Royal Bank of Canada lifted its holdings in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) by 107.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,661 shares of the company’s stock after purchasing an additional 20,577 shares during the period. Royal Bank of Canada owned 1.65% of NYLI MacKay Muni Short Duration ETF worth $1,002,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers acquired a new position in NYLI MacKay Muni Short Duration ETF during the first quarter worth $416,000. Breakwater Capital Group acquired a new stake in shares of NYLI MacKay Muni Short Duration ETF in the first quarter worth about $267,000. New York Life Insurance Co. boosted its stake in shares of NYLI MacKay Muni Short Duration ETF by 98.8% during the 4th quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after acquiring an additional 982,705 shares in the last quarter. Finally, M Wealth Management LLC boosted its stake in shares of NYLI MacKay Muni Short Duration ETF by 33.6% during the 4th quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock worth $1,119,000 after acquiring an additional 11,100 shares in the last quarter.

NYLI MacKay Muni Short Duration ETF Price Performance

Shares of NYSEARCA MMSD opened at $25.26 on Friday. The business’s 50-day simple moving average is $25.30 and its 200-day simple moving average is $25.38. NYLI MacKay Muni Short Duration ETF has a 52 week low of $25.12 and a 52 week high of $26.10.

About NYLI MacKay Muni Short Duration ETF

The NYLI MacKay Muni Short Duration ETF (MMSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking current income exempt from federal tax through primarily investment grade municipal bonds. The fund incorporates ESG risk assessments into its strategy while maintaining an average portfolio duration of 1-3 years. MMSD was launched on May 6, 2025 and is issued by New York Life Investments.