Core Wealth Advisors LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 94,426 shares of the company’s stock, valued at approximately $2,297,000. NYLI MacKay Shields Municipal Intermediate ETF comprises about 1.4% of Core Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest position. Core Wealth Advisors LLC owned approximately 0.17% of NYLI MacKay Shields Municipal Intermediate ETF as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. CWM LLC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter worth about $26,000. BOKF NA bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $53,000. Rossby Financial LCC bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $95,000. Northwestern Mutual Wealth Management Co. grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 16.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,056 shares of the company’s stock worth $97,000 after purchasing an additional 584 shares during the last quarter. Finally, United Community Bank bought a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth about $116,000.
NYLI MacKay Shields Municipal Intermediate ETF Stock Performance
NYSEARCA MMIT opened at $24.27 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.59 and a 52 week high of $24.77. The company has a 50-day moving average price of $24.25 and a two-hundred day moving average price of $24.38.
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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.
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