HUB Investment Partners LLC lessened its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) by 7.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 34,952 shares of the company’s stock after selling 2,700 shares during the quarter. HUB Investment Partners LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $839,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bill Few Associates Inc. purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth $315,000. Curran Financial Partners LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth about $330,000. Rockefeller Capital Management L.P. purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth about $480,000. Synovus Financial Corp acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at about $488,000. Finally, Jane Street Group LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at about $547,000.
NYLI MacKay Shields Municipal Intermediate ETF Stock Performance
NYSEARCA:MMIT opened at $24.10 on Friday. The stock’s 50 day moving average price is $24.14 and its 200 day moving average price is $24.26. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.76 and a 52 week high of $24.65.
NYLI MacKay Shields Municipal Intermediate ETF Company 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.
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Want to see what other hedge funds are holding MMIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report).
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