Landmark Wealth Management LLC Increases Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Landmark Wealth Management LLC grew its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,916 shares of the company’s stock after purchasing an additional 2,665 shares during the quarter. Landmark Wealth Management LLC owned approximately 0.25% of NYLI MacKay Shields Municipal Intermediate ETF worth $1,655,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brady Martz Wealth Solutions LLC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth about $5,751,000. Schneider Downs Wealth Management Advisors LP boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 12.8% in the third quarter. Schneider Downs Wealth Management Advisors LP now owns 1,440,403 shares of the company’s stock valued at $35,434,000 after purchasing an additional 163,060 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 58.1% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 406,994 shares of the company’s stock valued at $9,772,000 after purchasing an additional 149,508 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in NYLI MacKay Shields Municipal Intermediate ETF by 69.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 362,707 shares of the company’s stock valued at $8,709,000 after purchasing an additional 148,365 shares during the last quarter. Finally, Pallas Capital Advisors LLC lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.5% during the 3rd quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after buying an additional 51,904 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.3 %

NYSEARCA MMIT opened at $24.16 on Tuesday. The firm’s fifty day moving average price is $24.17 and its 200 day moving average price 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.

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.