Pine Valley Investments Ltd Liability Co acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) during the fourth quarter, Holdings Channel reports. The fund acquired 26,700 shares of the company’s stock, valued at approximately $642,000.
A number of other large investors have also recently added to or reduced their stakes in MMIT. Farther Finance Advisors LLC lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after buying an additional 922 shares during the last quarter. Bill Few Associates Inc. bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth about $315,000. Curran Financial Partners LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth about $330,000. Rockefeller Capital Management L.P. bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $480,000. Finally, Synovus Financial Corp bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $488,000.
NYLI MacKay Shields Municipal Intermediate ETF Stock Performance
NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.34 on Thursday. The firm’s 50-day moving average is $24.10 and its 200-day moving average is $24.28. 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.
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Want to see what other hedge funds are holding MMIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report).
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