Main Street Financial Solutions LLC Has $4.27 Million Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Main Street Financial Solutions LLC boosted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 13.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 173,552 shares of the company’s stock after purchasing an additional 20,825 shares during the quarter. Main Street Financial Solutions LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $4,269,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 2nd quarter valued at about $61,000. Farther Finance Advisors LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% in the third 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. Sunpointe LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter worth approximately $208,000. Opes Wealth Management LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the third quarter. Opes Wealth Management LLC now owns 32,545 shares of the company’s stock worth $801,000 after buying an additional 2,250 shares during the last quarter. Finally, Fortis Group Advisors LLC increased its holdings in 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 worth $931,000 after buying an additional 9,883 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.1 %

NYSEARCA:MMIT traded up $0.03 during mid-day trading on Wednesday, reaching $24.22. The stock had a trading volume of 33,763 shares, compared to its average volume of 104,858. The business’s 50 day moving average is $24.40 and its 200 day moving average is $24.30. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.69 and a fifty-two week high of $24.71.

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.