NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC reduced its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 0.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 234,432 shares of the company’s stock after selling 1,718 shares during the quarter. NYLI MacKay Shields Municipal Intermediate ETF makes up 1.2% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 20th biggest position. Prestige Wealth Management Group LLC owned approximately 0.87% of NYLI MacKay Shields Municipal Intermediate ETF worth $5,767,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AdvisorNet Financial Inc boosted its position in NYLI MacKay Shields Municipal Intermediate ETF by 2.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 43,614 shares of the company’s stock valued at $1,055,000 after purchasing an additional 883 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the second quarter valued at $61,000. Massmutual Trust Co. FSB ADV boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.6% during the third quarter. Massmutual Trust Co. FSB ADV now owns 214,342 shares of the company’s stock valued at $5,273,000 after acquiring an additional 23,995 shares during the period. Dynamic Advisor Solutions LLC grew its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 2.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 257,486 shares of the company’s stock worth $6,334,000 after acquiring an additional 6,373 shares during the last quarter. Finally, Sunpointe LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $208,000.

NYLI MacKay Shields Municipal Intermediate ETF Trading Down 0.2 %

Shares of NYSEARCA:MMIT opened at $24.44 on Tuesday. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.91 and a fifty-two week high of $24.71. The company’s 50-day moving average price is $24.33 and its 200 day moving average price is $24.32.

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.