NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC grew its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 58.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 406,994 shares of the company’s stock after purchasing an additional 149,508 shares during the period. Dynamic Advisor Solutions LLC owned about 1.50% of NYLI MacKay Shields Municipal Intermediate ETF worth $9,772,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock valued at $84,000 after buying an additional 922 shares in the last quarter. Sunpointe LLC acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at approximately $208,000. Bill Few Associates Inc. purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at approximately $315,000. Rockefeller Capital Management L.P. acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth approximately $480,000. Finally, Synovus Financial Corp acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth approximately $488,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of NYSEARCA:MMIT opened at $24.08 on Friday. The company’s fifty day moving average is $24.18 and its two-hundred day moving average is $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 12-month low of $23.76 and a 12-month high of $24.65.

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.