NYLI MacKay Shields Municipal Intermediate ETF $MMIT Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 436.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,546 shares of the company’s stock after acquiring an additional 93,988 shares during the quarter. Janney Montgomery Scott LLC owned about 0.18% of NYLI MacKay Shields Municipal Intermediate ETF worth $2,785,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.5% in the first quarter. Royal Bank of Canada now owns 97,836 shares of the company’s stock worth $2,345,000 after buying an additional 10,902 shares during the period. Jane Street Group LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 128.9% in the 1st quarter. Jane Street Group LLC now owns 437,354 shares of the company’s stock worth $10,483,000 after acquiring an additional 246,326 shares during the period. JPMorgan Chase & Co. grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 36.1% in the second quarter. JPMorgan Chase & Co. now owns 196,002 shares of the company’s stock valued at $4,675,000 after acquiring an additional 52,003 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 16.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,056 shares of the company’s stock valued at $97,000 after purchasing an additional 584 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 108.2% during the second quarter. NewEdge Advisors LLC now owns 18,920 shares of the company’s stock valued at $451,000 after purchasing an additional 9,833 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.33 on Wednesday. NYLI MacKay Shields Municipal Intermediate ETF has a 1-year low of $23.68 and a 1-year high of $24.77. The business has a 50-day moving average of $24.30 and a 200-day moving average of $24.38.

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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.