Financial Counselors Inc. Purchases 23,474 Shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Financial Counselors Inc. grew its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 9.4% during the third quarter, HoldingsChannel.com reports. The fund owned 272,889 shares of the company’s stock after acquiring an additional 23,474 shares during the quarter. Financial Counselors Inc.’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $6,713,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Schneider Downs Wealth Management Advisors LP increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 12.8% in the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 1,440,403 shares of the company’s stock worth $35,434,000 after acquiring an additional 163,060 shares during the last quarter. Pallas Capital Advisors LLC increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 5.5% in the 3rd quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after acquiring an additional 51,904 shares during the last quarter. TruWealth Advisors LLC increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the 3rd quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after acquiring an additional 44,203 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 4.0% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 410,816 shares of the company’s stock worth $10,106,000 after acquiring an additional 15,722 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its position in shares of 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 valued at $6,334,000 after purchasing an additional 6,373 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

NYSEARCA MMIT opened at $24.43 on Friday. The business’s 50 day moving average price is $24.35 and its 200-day moving average price is $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.91 and a fifty-two week high of $24.71.

About NYLI MacKay Shields Municipal Intermediate ETF

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.