Royal Bank of Canada increased its position in shares of NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Free Report) by 107.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 39,661 shares of the company’s stock after buying an additional 20,577 shares during the quarter. Royal Bank of Canada’s holdings in NYLI MacKay Muni Short Duration ETF were worth $1,002,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. New York Life Insurance Co. raised its holdings in NYLI MacKay Muni Short Duration ETF by 98.8% in the 4th quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after acquiring an additional 982,705 shares during the period. Cetera Investment Advisers bought a new stake in NYLI MacKay Muni Short Duration ETF during the first quarter valued at about $416,000. M Wealth Management LLC boosted its holdings in NYLI MacKay Muni Short Duration ETF by 33.6% during the fourth quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock valued at $1,119,000 after acquiring an additional 11,100 shares during the period. Finally, Breakwater Capital Group bought a new stake in NYLI MacKay Muni Short Duration ETF during the first quarter valued at about $267,000.
NYLI MacKay Muni Short Duration ETF Stock Down 0.1%
Shares of NYSEARCA:MMSD opened at $25.26 on Friday. The stock’s 50-day moving average is $25.30 and its 200-day moving average is $25.38. NYLI MacKay Muni Short Duration ETF has a 52-week low of $25.12 and a 52-week high of $26.10.
NYLI MacKay Muni Short Duration ETF Company Profile
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.
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Want to see what other hedge funds are holding MMSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Free Report).
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