Corient Private Wealth LLC Invests $790,000 in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Corient Private Wealth LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 32,482 shares of the company’s stock, valued at approximately $790,000. Corient Private Wealth LLC owned approximately 0.06% of NYLI MacKay Shields Municipal Intermediate ETF as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MMIT. Royal Bank of Canada lifted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.5% during the 1st quarter. Royal Bank of Canada now owns 97,836 shares of the company’s stock worth $2,345,000 after acquiring an additional 10,902 shares during the period. Jane Street Group LLC increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 128.9% in the first quarter. Jane Street Group LLC now owns 437,354 shares of the company’s stock valued at $10,483,000 after acquiring an additional 246,326 shares during the last quarter. JPMorgan Chase & Co. increased its stake 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 during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in 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 in the last quarter. Finally, NewEdge Advisors LLC raised its position in 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 in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA MMIT opened at $24.37 on Friday. The business has a fifty day moving average price of $24.30 and a two-hundred day moving average price of $24.38. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.68 and a fifty-two week high of $24.77.

NYLI MacKay Shields Municipal Intermediate ETF Company 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.