Prestige Wealth Management Group LLC Has $5.05 Million Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Prestige Wealth Management Group LLC lessened its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 209,762 shares of the company’s stock after selling 24,670 shares during the period. NYLI MacKay Shields Municipal Intermediate ETF makes up 1.6% of Prestige Wealth Management Group LLC’s portfolio, making the stock its 21st biggest position. Prestige Wealth Management Group LLC owned approximately 0.77% of NYLI MacKay Shields Municipal Intermediate ETF worth $5,047,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Rockefeller Capital Management L.P. bought a new position in NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth about $480,000. Jane Street Group LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth about $547,000. JPMorgan Chase & Co. grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 28.4% during the third quarter. JPMorgan Chase & Co. now owns 90,846 shares of the company’s stock worth $2,235,000 after buying an additional 20,081 shares in the last quarter. Park Avenue Securities LLC raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 34.1% in the 4th quarter. Park Avenue Securities LLC now owns 41,498 shares of the company’s stock valued at $996,000 after buying an additional 10,556 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at approximately $642,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Down 0.2 %

NYSEARCA:MMIT opened at $24.03 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 business has a 50 day moving average price of $24.15 and a two-hundred day moving average price of $24.25.

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.