Steward Partners Investment Advisory LLC Cuts Stock Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Steward Partners Investment Advisory LLC reduced its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMITFree Report) by 91.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,670 shares of the company’s stock after selling 41,713 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $88,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MMIT. Bill Few Associates Inc. bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at about $315,000. Curran Financial Partners LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the fourth quarter worth approximately $330,000. Rockefeller Capital Management L.P. purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter worth approximately $480,000. Synovus Financial Corp purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the third quarter worth approximately $488,000. Finally, Jane Street Group LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at approximately $547,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

NYSEARCA:MMIT opened at $24.07 on Tuesday. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.76 and a fifty-two week high of $24.65. The business has a 50 day moving average price of $24.14 and a 200-day moving average price of $24.26.

NYLI MacKay Shields Municipal Intermediate ETF Company Profile

(Free Report)

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.

Read More

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:MMITFree Report).

Institutional Ownership by Quarter for NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Receive News & Ratings for NYLI MacKay Shields Municipal Intermediate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLI MacKay Shields Municipal Intermediate ETF and related companies with MarketBeat.com's FREE daily email newsletter.