TD Private Client Wealth LLC Takes $595,000 Position in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

TD Private Client Wealth LLC acquired a new stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 24,459 shares of the company’s stock, valued at approximately $595,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Elyxium Wealth LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 68.1% in the 4th quarter. Elyxium Wealth LLC now owns 227,244 shares of the company’s stock valued at $5,529,000 after purchasing an additional 92,064 shares in the last quarter. Landmark Wealth Management LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.0% in the 4th quarter. Landmark Wealth Management LLC now owns 64,213 shares of the company’s stock valued at $1,562,000 after purchasing an additional 3,032 shares in the last quarter. GGM Financials LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 9.5% in the 4th quarter. GGM Financials LLC now owns 214,131 shares of the company’s stock valued at $5,210,000 after purchasing an additional 18,532 shares in the last quarter. Frontier Asset Management LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 3.1% in the 4th quarter. Frontier Asset Management LLC now owns 45,896 shares of the company’s stock valued at $1,117,000 after purchasing an additional 1,381 shares in the last quarter. Finally, Midwest Trust Co lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 96.5% in the 4th quarter. Midwest Trust Co now owns 1,277,827 shares of the company’s stock valued at $31,090,000 after purchasing an additional 627,505 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.0%

NYSEARCA MMIT opened at $24.13 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 1-year low of $23.59 and a 1-year high of $24.77. The business’s 50-day simple moving average is $24.27 and its 200-day simple moving average is $24.39.

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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.