MassMutual Private Wealth & Trust FSB Raises Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

MassMutual Private Wealth & Trust FSB boosted its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 69.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 362,707 shares of the company’s stock after purchasing an additional 148,365 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $8,709,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of MMIT. Brady Martz Wealth Solutions LLC purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter valued at $5,751,000. Schneider Downs Wealth Management Advisors LP boosted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 12.8% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 1,440,403 shares of the company’s stock worth $35,434,000 after purchasing an additional 163,060 shares during the period. Pallas Capital Advisors LLC increased its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.5% during the third quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock valued at $24,223,000 after buying an additional 51,904 shares during the period. TruWealth Advisors LLC lifted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the third quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after buying an additional 44,203 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at approximately $1,008,000.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.3 %

NYSEARCA MMIT opened at $24.05 on Monday. The company’s 50 day simple moving average is $24.19 and its two-hundred day simple moving average is $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.76 and a 1 year high of $24.65.

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.