NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Purchased by Vicus Capital

Vicus Capital increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 4.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 206,333 shares of the company’s stock after buying an additional 8,436 shares during the quarter. Vicus Capital’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $5,076,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in MMIT. Fortis Group Advisors LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 35.4% during the 3rd quarter. Fortis Group Advisors LLC now owns 37,838 shares of the company’s stock worth $931,000 after purchasing an additional 9,883 shares during the period. BCS Wealth Management raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 11.0% during the third quarter. BCS Wealth Management now owns 41,721 shares of the company’s stock worth $1,026,000 after purchasing an additional 4,144 shares during the period. TruWealth Advisors LLC raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% during the third quarter. TruWealth Advisors LLC now owns 642,551 shares of the company’s stock worth $15,807,000 after purchasing an additional 44,203 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at $1,008,000. Finally, Sunpointe LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at $208,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock traded down $0.06 during trading hours on Tuesday, reaching $24.28. The stock had a trading volume of 13,725 shares, compared to its average volume of 105,789. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.21 and a 1 year high of $24.71. The firm has a 50 day simple moving average of $24.47 and a two-hundred day simple moving average of $24.29.

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.