Platt Wealth Management LLC Purchases New Shares in MFS Active Intermediate Muni Bond ETF $MFSM

Platt Wealth Management LLC purchased a new stake in shares of MFS Active Intermediate Muni Bond ETF (NYSEARCA:MFSM) during the 4th quarter, HoldingsChannel reports. The firm purchased 36,875 shares of the company’s stock, valued at approximately $923,000. MFS Active Intermediate Muni Bond ETF makes up 0.9% of Platt Wealth Management LLC’s portfolio, making the stock its 21st largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Marshall Financial Group LLC grew its position in MFS Active Intermediate Muni Bond ETF by 58.0% during the fourth quarter. Marshall Financial Group LLC now owns 14,195 shares of the company’s stock valued at $355,000 after buying an additional 5,210 shares during the period. Citadel Advisors LLC grew its position in MFS Active Intermediate Muni Bond ETF by 7.2% during the third quarter. Citadel Advisors LLC now owns 23,200 shares of the company’s stock valued at $576,000 after buying an additional 1,568 shares during the period. Raymond James Financial Inc. acquired a new stake in MFS Active Intermediate Muni Bond ETF during the third quarter valued at $764,000. Finally, Goldman Sachs Group Inc. acquired a new stake in MFS Active Intermediate Muni Bond ETF during the first quarter valued at $263,000.

MFS Active Intermediate Muni Bond ETF Stock Performance

MFSM stock opened at $24.90 on Friday. The firm’s fifty day moving average is $25.03 and its 200 day moving average is $25.11. MFS Active Intermediate Muni Bond ETF has a one year low of $24.19 and a one year high of $25.55.

MFS Active Intermediate Muni Bond ETF Company Profile

The MFS Active Intermediate Muni Bond ETF (MFSM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that consists of intermediate-term, tax-exempt US municipal bonds. It primarily invests in investment grade debt instruments but may also include high-yield bonds MFSM was launched on Dec 5, 2024 and is issued by MFS.