Frontier Asset Management LLC Boosts Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Frontier Asset Management LLC boosted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,930 shares of the company’s stock after buying an additional 4,316 shares during the quarter. Frontier Asset Management LLC owned 0.15% of NYLI MacKay Shields Municipal Intermediate ETF worth $959,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted 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 worth $84,000 after buying an additional 922 shares during the period. Bill Few Associates Inc. purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth $315,000. Curran Financial Partners LLC purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth $330,000. Rockefeller Capital Management L.P. purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth $480,000. Finally, Synovus Financial Corp purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth $488,000.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

Shares of MMIT opened at $24.19 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 12-month low of $23.76 and a 12-month high of $24.65. The firm has a fifty day moving average price of $24.13 and a 200-day moving average price of $24.28.

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.