Bernardo Wealth Planning LLC Lowers Stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Bernardo Wealth Planning LLC lessened its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,895 shares of the company’s stock after selling 25,454 shares during the quarter. NYLI MacKay Shields Municipal Intermediate ETF accounts for approximately 1.0% of Bernardo Wealth Planning LLC’s portfolio, making the stock its 25th largest holding. Bernardo Wealth Planning LLC owned about 0.63% of NYLI MacKay Shields Municipal Intermediate ETF worth $4,062,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock valued at $84,000 after buying an additional 922 shares in the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth approximately $480,000. Jane Street Group LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at $547,000. Massmutual Trust Co. FSB ADV raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 12.6% in 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 period. Finally, BCS Wealth Management lifted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 11.0% in the third 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.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.3 %

Shares of NYSEARCA:MMIT opened at $24.05 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 12-month low of $23.76 and a 12-month high of $24.65. The stock’s 50-day moving average price is $24.19 and its 200-day moving average price is $24.31.

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.