NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC lowered its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 990,587 shares of the company’s stock after selling 9,941 shares during the period. NYLI MacKay Shields Municipal Intermediate ETF makes up approximately 1.0% of Pallas Capital Advisors LLC’s portfolio, making the stock its 14th largest position. Pallas Capital Advisors LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $23,784,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in MMIT. Farther Finance Advisors LLC increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after acquiring an additional 922 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth about $480,000. Jane Street Group LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth about $547,000. Massmutual Trust Co. FSB ADV raised its holdings 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 valued at $5,273,000 after buying an additional 23,995 shares during the period. Finally, BCS Wealth Management lifted its position 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 valued at $1,026,000 after buying an additional 4,144 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of MMIT traded up $0.02 during trading on Monday, reaching $23.93. 97,090 shares of the company traded hands, compared to its average volume of 232,070. The stock has a 50-day simple moving average of $24.21 and a 200-day simple moving average of $24.32. 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.