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

Pineridge Advisors LLC lowered its stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 42.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sunpointe LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth $208,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth about $1,008,000. TruWealth Advisors LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the third quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after buying an additional 44,203 shares in the last quarter. BCS Wealth Management raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 11.0% in the 3rd quarter. BCS Wealth Management now owns 41,721 shares of the company’s stock valued at $1,026,000 after buying an additional 4,144 shares during the last quarter. Finally, Fortis Group Advisors LLC lifted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 35.4% in the 3rd quarter. Fortis Group Advisors LLC now owns 37,838 shares of the company’s stock valued at $931,000 after acquiring an additional 9,883 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.2 %

Shares of MMIT opened at $24.23 on Tuesday. NYLI MacKay Shields Municipal Intermediate ETF has a twelve month low of $23.76 and a twelve month high of $24.65. The company has a 50 day moving average of $24.14 and a 200-day moving average of $24.30.

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.