New York Life Investment Management LLC bought a new position in shares of NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,977,705 shares of the company’s stock, valued at approximately $48,909,000. New York Life Investment Management LLC owned 56.51% of NYLIM MacKay Muni Short Duration ETF as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Invenio Wealth Partners LLC boosted its position in NYLIM MacKay Muni Short Duration ETF by 26.3% during the 3rd quarter. Invenio Wealth Partners LLC now owns 277,687 shares of the company’s stock valued at $6,867,000 after acquiring an additional 57,843 shares in the last quarter. Royal Bank of Canada raised its position in shares of NYLIM MacKay Muni Short Duration ETF by 107.8% in the 1st quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after acquiring an additional 20,577 shares in the last quarter. Finally, Cetera Investment Advisers bought a new position in shares of NYLIM MacKay Muni Short Duration ETF in the 1st quarter worth $416,000.
NYLIM MacKay Muni Short Duration ETF Stock Performance
Shares of NYSEARCA MMSD opened at $25.11 on Wednesday. NYLIM MacKay Muni Short Duration ETF has a 1-year low of $24.59 and a 1-year high of $26.10. The business has a fifty day moving average price of $24.96 and a 200 day moving average price of $25.27.
NYLIM MacKay Muni Short Duration ETF 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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