Kennebec Savings Bank Raises Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Kennebec Savings Bank grew its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 8,679.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 51,534 shares of the company’s stock after buying an additional 50,947 shares during the quarter. NYLI MacKay Shields Municipal Intermediate ETF accounts for approximately 1.2% of Kennebec Savings Bank’s portfolio, making the stock its 20th biggest position. Kennebec Savings Bank owned approximately 0.19% of NYLI MacKay Shields Municipal Intermediate ETF worth $1,233,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MMIT. Landmark Wealth Management LLC raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 4.0% in the fourth quarter. Landmark Wealth Management LLC now owns 68,916 shares of the company’s stock valued at $1,655,000 after buying an additional 2,665 shares in the last quarter. Curran Financial Partners LLC purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth about $330,000. Cypress Point Wealth Management LLC increased its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 3.0% during the fourth quarter. Cypress Point Wealth Management LLC now owns 132,458 shares of the company’s stock worth $3,180,000 after purchasing an additional 3,920 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 58.1% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 406,994 shares of the company’s stock valued at $9,772,000 after purchasing an additional 149,508 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 110.1% in the 4th quarter. Smallwood Wealth Investment Management LLC now owns 86,051 shares of the company’s stock valued at $2,066,000 after purchasing an additional 45,095 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.1 %

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.19 on Friday. The stock has a 50 day moving average of $24.17 and a two-hundred day moving average of $24.30. NYLI MacKay Shields Municipal Intermediate ETF has a twelve month low of $23.76 and a twelve month high of $24.65.

About NYLI MacKay Shields Municipal Intermediate ETF

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.