Commonwealth Equity Services LLC Has $4.31 Million Stock Holdings in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Commonwealth Equity Services LLC lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 18.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 177,037 shares of the company’s stock after purchasing an additional 27,241 shares during the period. Commonwealth Equity Services LLC owned 0.32% of NYLI MacKay Shields Municipal Intermediate ETF worth $4,307,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 13.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 670,295 shares of the company’s stock worth $16,288,000 after purchasing an additional 81,096 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth about $1,448,000. Smallwood Wealth Investment Management LLC increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 22.3% during the 4th quarter. Smallwood Wealth Investment Management LLC now owns 162,444 shares of the company’s stock worth $3,952,000 after purchasing an additional 29,619 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.3% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 481,330 shares of the company’s stock worth $11,696,000 after purchasing an additional 24,341 shares during the last quarter. Finally, Vicus Capital increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 7.7% during the 4th quarter. Vicus Capital now owns 379,218 shares of the company’s stock worth $9,226,000 after purchasing an additional 27,018 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.31 on Monday. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.62 and a fifty-two week high of $24.77. The company’s 50-day moving average is $24.26 and its 200-day moving average is $24.38.

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.