NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Acquired by Vicus Capital

Vicus Capital lifted its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 206,333 shares of the company’s stock after purchasing an additional 8,436 shares during the quarter. Vicus Capital owned approximately 0.76% of NYLI MacKay Shields Municipal Intermediate ETF worth $5,076,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fortis Group Advisors LLC raised its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 35.4% in the third quarter. Fortis Group Advisors LLC now owns 37,838 shares of the company’s stock valued at $931,000 after buying an additional 9,883 shares during the last quarter. BCS Wealth Management raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 11.0% during the 3rd quarter. BCS Wealth Management now owns 41,721 shares of the company’s stock valued at $1,026,000 after acquiring an additional 4,144 shares during the last quarter. TruWealth Advisors LLC lifted its position in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the 3rd quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after acquiring an additional 44,203 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth $1,008,000. Finally, Sunpointe LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at about $208,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of MMIT stock traded down $0.06 during trading hours on Tuesday, reaching $24.28. 13,725 shares of the company’s stock were exchanged, compared to its average volume of 105,789. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.21 and a 1 year high of $24.71. The company’s 50 day moving average is $24.47 and its two-hundred day moving average is $24.29.

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.