TruWealth Advisors LLC Increases Stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

TruWealth Advisors LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 655,457 shares of the company’s stock after purchasing an additional 12,906 shares during the period. TruWealth Advisors LLC owned 2.42% of NYLI MacKay Shields Municipal Intermediate ETF worth $15,738,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after purchasing an additional 922 shares during the last quarter. Sunpointe LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at approximately $208,000. Rockefeller Capital Management L.P. acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth approximately $480,000. Synovus Financial Corp acquired a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at approximately $488,000. Finally, Jane Street Group LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at approximately $547,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA:MMIT opened at $24.05 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.76 and a 52 week high of $24.65. The stock’s fifty day moving average is $24.19 and its two-hundred day moving average is $24.31.

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.