NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Stock Position Boosted by Jane Street Group LLC

Jane Street Group LLC grew its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 759.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 191,028 shares of the company’s stock after buying an additional 168,800 shares during the quarter. Jane Street Group LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $4,587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MMIT. Financial Counselors Inc. raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 127.7% during the fourth quarter. Financial Counselors Inc. now owns 621,241 shares of the company’s stock worth $14,916,000 after purchasing an additional 348,352 shares in the last quarter. Brady Martz Wealth Solutions LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth about $5,751,000. LPL Financial LLC raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 1,185,971 shares of the company’s stock worth $28,475,000 after acquiring an additional 150,293 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 58.1% during 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 in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 69.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 362,707 shares of the company’s stock valued at $8,709,000 after purchasing an additional 148,365 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA MMIT opened at $23.78 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 12 month low of $22.99 and a 12 month high of $24.65. The company’s 50 day simple moving average is $23.83 and its 200 day simple moving average is $24.06.

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.