IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. grew its position in shares of IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 23.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,144,554 shares of the company’s stock after buying an additional 219,739 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 6.02% of IQ MacKay Shields Municipal Intermediate ETF worth $28,110,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of MMIT. Flow Traders U.S. LLC purchased a new position in IQ MacKay Shields Municipal Intermediate ETF during the 1st quarter worth $16,853,000. Bank of New York Mellon Corp raised its position in IQ MacKay Shields Municipal Intermediate ETF by 755.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 342,992 shares of the company’s stock worth $8,060,000 after buying an additional 302,895 shares during the last quarter. Schneider Downs Wealth Management Advisors LP grew its stake in shares of IQ MacKay Shields Municipal Intermediate ETF by 24.8% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 861,250 shares of the company’s stock worth $20,239,000 after purchasing an additional 171,087 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in shares of IQ MacKay Shields Municipal Intermediate ETF by 110.2% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 299,224 shares of the company’s stock worth $7,349,000 after purchasing an additional 156,901 shares during the period. Finally, Captrust Financial Advisors acquired a new position in shares of IQ MacKay Shields Municipal Intermediate ETF during the 2nd quarter worth $3,276,000.

IQ MacKay Shields Municipal Intermediate ETF Stock Up 0.0 %

NYSEARCA:MMIT opened at $24.41 on Thursday. IQ MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.21 and a fifty-two week high of $24.76. The firm’s fifty day simple moving average is $24.42 and its 200-day simple moving average is $24.11.

IQ 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.