MassMutual Private Wealth & Trust FSB Buys 148,365 Shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

MassMutual Private Wealth & Trust FSB raised its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 69.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 362,707 shares of the company’s stock after purchasing an additional 148,365 shares during the period. MassMutual Private Wealth & Trust FSB owned 1.34% of NYLI MacKay Shields Municipal Intermediate ETF worth $8,709,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 12.6% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 214,342 shares of the company’s stock valued at $5,273,000 after purchasing an additional 23,995 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 2.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 257,486 shares of the company’s stock worth $6,334,000 after purchasing an additional 6,373 shares in the last quarter. Sunpointe LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the third quarter valued at approximately $208,000. Smallwood Wealth Investment Management LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at $1,008,000. Finally, TruWealth Advisors LLC lifted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the 3rd 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 in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.3 %

NYSEARCA MMIT opened at $24.05 on Monday. The company has a fifty day moving average price of $24.19 and a 200-day moving average price of $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.76 and a 1 year 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.