Cypress Point Wealth Management LLC Acquires 3,920 Shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Cypress Point Wealth Management LLC increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 3.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,458 shares of the company’s stock after acquiring an additional 3,920 shares during the quarter. NYLI MacKay Shields Municipal Intermediate ETF comprises approximately 1.0% of Cypress Point Wealth Management LLC’s holdings, making the stock its 18th largest holding. Cypress Point Wealth Management LLC owned 0.49% of NYLI MacKay Shields Municipal Intermediate ETF worth $3,180,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings 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 period. Sunpointe LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at about $208,000. Bill Few Associates Inc. bought a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter valued at about $315,000. Rockefeller Capital Management L.P. acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at approximately $480,000. Finally, Synovus Financial Corp bought a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth approximately $488,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.08 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 company’s fifty day moving average price is $24.18 and its two-hundred day moving average price is $24.31.

NYLI MacKay Shields Municipal Intermediate ETF 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.