Farther Finance Advisors LLC Increases Stock Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Farther Finance Advisors LLC grew its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 36.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,420 shares of the company’s stock after purchasing an additional 922 shares during the quarter. Farther Finance Advisors LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $84,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pallas Capital Advisors LLC grew its stake in NYLI MacKay Shields Municipal Intermediate ETF by 5.5% during the 3rd quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after buying an additional 51,904 shares during the last quarter. TruWealth Advisors LLC boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the third quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock valued at $15,807,000 after acquiring an additional 44,203 shares during the period. Smallwood Wealth Investment Management LLC purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth approximately $1,008,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 18.6% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 190,347 shares of the company’s stock valued at $4,603,000 after acquiring an additional 29,883 shares during the period. Finally, Fortis Group Advisors LLC raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 35.4% in the 3rd quarter. Fortis Group Advisors LLC now owns 37,838 shares of the company’s stock valued at $931,000 after purchasing an additional 9,883 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.19 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.60 and a 1 year high of $24.71. The company’s fifty day moving average is $24.40 and its two-hundred day moving average is $24.30.

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.