Pineridge Advisors LLC Has $213,000 Stock Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Pineridge Advisors LLC trimmed its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 42.4% in the fourth quarter, Holdings Channel reports. The firm owned 8,863 shares of the company’s stock after selling 6,516 shares during the quarter. Pineridge Advisors LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $213,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MMIT. Farther Finance Advisors LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after buying an additional 922 shares during the last quarter. Sunpointe LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at about $208,000. Bill Few Associates Inc. acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth about $315,000. Curran Financial Partners LLC bought a new stake in shares of 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 NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at about $480,000.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.2 %

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.23 on Tuesday. The stock has a 50-day simple moving average of $24.14 and a 200 day simple moving average of $24.30. 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 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.