Private Advisor Group LLC Grows Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Private Advisor Group LLC lifted its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 194.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 129,455 shares of the company’s stock after purchasing an additional 85,492 shares during the period. Private Advisor Group LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $3,108,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% in the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock valued at $84,000 after purchasing an additional 922 shares during the period. Bill Few Associates Inc. acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at about $315,000. Curran Financial Partners LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at approximately $330,000. Rockefeller Capital Management L.P. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth approximately $480,000. Finally, Synovus Financial Corp purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at approximately $488,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Down 0.0 %

Shares of MMIT stock opened at $24.23 on Tuesday. NYLI MacKay Shields Municipal Intermediate ETF has a 1-year low of $23.76 and a 1-year high of $24.65. The company has a 50-day moving average of $24.09 and a two-hundred day moving average 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.