New York Life Insurance Co. Has $50.19 Million Holdings in NYLI MacKay Muni Short Duration ETF $MMSD

New York Life Insurance Co. raised its position in shares of NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) by 98.8% in the fourth quarter, Holdings Channel reports. The firm owned 1,977,705 shares of the company’s stock after acquiring an additional 982,705 shares during the quarter. NYLI MacKay Muni Short Duration ETF accounts for 11.0% of New York Life Insurance Co.’s holdings, making the stock its 3rd biggest holding. New York Life Insurance Co. owned approximately 0.86% of NYLI MacKay Muni Short Duration ETF worth $50,194,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC bought a new stake in NYLI MacKay Muni Short Duration ETF during the 4th quarter valued at about $368,000. Octavia Wealth Advisors LLC increased its stake in NYLI MacKay Muni Short Duration ETF by 15.8% during the 4th quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock valued at $528,000 after purchasing an additional 2,834 shares in the last quarter. Finally, M Wealth Management LLC increased its stake in NYLI MacKay Muni Short Duration ETF by 33.6% during the 4th quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock valued at $1,119,000 after purchasing an additional 11,100 shares in the last quarter.

NYLI MacKay Muni Short Duration ETF Stock Performance

NYSEARCA:MMSD opened at $25.34 on Thursday. NYLI MacKay Muni Short Duration ETF has a fifty-two week low of $25.12 and a fifty-two week high of $25.72. The firm has a 50-day simple moving average of $25.35 and a two-hundred day simple moving average of $25.43.

About NYLI MacKay Muni Short Duration ETF

The NYLI MacKay Muni Short Duration ETF (MMSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking current income exempt from federal tax through primarily investment grade municipal bonds. The fund incorporates ESG risk assessments into its strategy while maintaining an average portfolio duration of 1-3 years. MMSD was launched on May 6, 2025 and is issued by New York Life Investments.