NYLI MacKay Shields Municipal Intermediate ETF $MMIT Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 349.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 106,322 shares of the company’s stock after acquiring an additional 82,666 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.22% of NYLI MacKay Shields Municipal Intermediate ETF worth $2,585,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.5% in the 1st quarter. Royal Bank of Canada now owns 97,836 shares of the company’s stock valued at $2,345,000 after purchasing an additional 10,902 shares in the last quarter. Jane Street Group LLC grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 128.9% during the first quarter. Jane Street Group LLC now owns 437,354 shares of the company’s stock worth $10,483,000 after buying an additional 246,326 shares during the period. Truist Financial Corp increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 1.0% in the second quarter. Truist Financial Corp now owns 288,933 shares of the company’s stock valued at $6,891,000 after buying an additional 2,802 shares in the last quarter. Vicus Capital lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 35.2% during the 2nd quarter. Vicus Capital now owns 308,869 shares of the company’s stock valued at $7,367,000 after acquiring an additional 80,339 shares during the period. Finally, Lokken Investment Group LLC lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 52.2% during the 2nd quarter. Lokken Investment Group LLC now owns 15,410 shares of the company’s stock valued at $368,000 after acquiring an additional 5,283 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of NYSEARCA:MMIT opened at $24.52 on Friday. The business’s 50 day simple moving average is $24.39 and its 200-day simple moving average is $24.21. NYLI MacKay Shields Municipal Intermediate ETF has a 12 month low of $22.99 and a 12 month high of $24.57.

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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.