NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 257,486 shares of the company’s stock after purchasing an additional 6,373 shares during the quarter. Dynamic Advisor Solutions LLC owned 0.95% of NYLI MacKay Shields Municipal Intermediate ETF worth $6,334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 18.6% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 190,347 shares of the company’s stock worth $4,603,000 after acquiring an additional 29,883 shares during the period. Bartlett & CO. Wealth Management LLC purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth about $250,000. Vicus Capital lifted its position in NYLI MacKay Shields Municipal Intermediate ETF by 3.3% in the first quarter. Vicus Capital now owns 199,769 shares of the company’s stock valued at $4,872,000 after purchasing an additional 6,317 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 2nd quarter valued at approximately $61,000. Finally, AdvisorNet Financial Inc raised its stake in shares of 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 worth $1,055,000 after buying an additional 883 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA:MMIT opened at $24.41 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.21 and a 1 year high of $24.71. The stock has a fifty day moving average price of $24.47 and a two-hundred day moving average price of $24.28.

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.