NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC decreased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,952 shares of the company’s stock after selling 2,700 shares during the period. HUB Investment Partners LLC owned about 0.13% of NYLI MacKay Shields Municipal Intermediate ETF worth $839,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. PFG Advisors raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 6.0% during the 4th quarter. PFG Advisors now owns 46,132 shares of the company’s stock valued at $1,108,000 after acquiring an additional 2,631 shares in the last quarter. Frontier Asset Management LLC boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.1% in the 4th quarter. Frontier Asset Management LLC now owns 39,930 shares of the company’s stock valued at $959,000 after buying an additional 4,316 shares during the period. Evergreen Private Wealth LLC grew its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 14.6% during the 4th quarter. Evergreen Private Wealth LLC now owns 63,560 shares of the company’s stock valued at $1,526,000 after buying an additional 8,120 shares during the last quarter. Schneider Downs Wealth Management Advisors LP raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 5.6% during the fourth quarter. Schneider Downs Wealth Management Advisors LP now owns 1,521,376 shares of the company’s stock worth $36,528,000 after acquiring an additional 80,973 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 307,219 shares of the company’s stock worth $7,376,000 after acquiring an additional 7,027 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of MMIT stock opened at $24.10 on Friday. The business has a 50 day moving average of $24.14 and a two-hundred day moving average of $24.26. NYLI MacKay Shields Municipal Intermediate ETF has a 52 week low of $23.76 and a 52 week high of $24.65.

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.