Bill Few Associates Inc. Takes Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Bill Few Associates Inc. purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 13,132 shares of the company’s stock, valued at approximately $315,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of 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 valued at $84,000 after acquiring an additional 922 shares during the period. Sunpointe LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at $208,000. Rockefeller Capital Management L.P. acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at $480,000. Synovus Financial Corp purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $488,000. Finally, Jane Street Group LLC purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at about $547,000.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.2 %

Shares of MMIT opened at $24.12 on Thursday. The business’s 50-day moving average is $24.18 and its 200-day moving average is $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.76 and a fifty-two week 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.