NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 20.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,241 shares of the company’s stock after selling 2,603 shares during the period. HighTower Advisors LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $252,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Schneider Downs Wealth Management Advisors LP raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.8% during the third 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 stake in NYLI MacKay Shields Municipal Intermediate ETF by 5.5% in the 3rd quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after purchasing an additional 51,904 shares in the last quarter. TruWealth Advisors LLC raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the 3rd 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 during the period. Great Valley Advisor Group Inc. lifted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 4.0% during the third quarter. Great Valley Advisor Group Inc. now owns 410,816 shares of the company’s stock valued at $10,106,000 after buying an additional 15,722 shares in the last quarter. Finally, Financial Counselors Inc. boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 9.4% in the third quarter. Financial Counselors Inc. now owns 272,889 shares of the company’s stock worth $6,713,000 after buying an additional 23,474 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

MMIT stock opened at $24.03 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 52-week low of $23.91 and a 52-week high of $24.71. The company’s 50 day simple moving average is $24.27 and its 200-day simple moving average is $24.34.

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.