Narus Financial Partners LLC lowered its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) by 44.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 42,320 shares of the company’s stock after selling 34,390 shares during the period. Narus Financial Partners LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $1,016,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted 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 acquiring an additional 922 shares during the period. Sunpointe LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth approximately $208,000. Bill Few Associates Inc. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the fourth quarter valued at $315,000. Curran Financial Partners LLC acquired a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at about $330,000. Finally, Rockefeller Capital Management L.P. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at approximately $480,000.
NYLI MacKay Shields Municipal Intermediate ETF Stock Performance
MMIT stock opened at $24.19 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a twelve month low of $23.76 and a twelve month high of $24.65. The business has a fifty day moving average of $24.17 and a 200-day moving average of $24.30.
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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