Avantax Planning Partners Inc. Has $16.55 Million Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Avantax Planning Partners Inc. trimmed its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 7.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 689,311 shares of the company’s stock after selling 55,640 shares during the period. NYLI MacKay Shields Municipal Intermediate ETF makes up 0.6% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 29th largest holding. Avantax Planning Partners Inc. owned about 2.54% of NYLI MacKay Shields Municipal Intermediate ETF worth $16,550,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of MMIT. Farther Finance Advisors LLC boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after buying an additional 922 shares in the last quarter. Main Street Financial Solutions LLC boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 13.6% during the 3rd quarter. Main Street Financial Solutions LLC now owns 173,552 shares of the company’s stock worth $4,269,000 after buying an additional 20,825 shares in the last quarter. Schneider Downs Wealth Management Advisors LP boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.8% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 1,440,403 shares of the company’s stock worth $35,434,000 after buying an additional 163,060 shares in the last quarter. Great Valley Advisor Group Inc. boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 4.0% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 410,816 shares of the company’s stock worth $10,106,000 after buying an additional 15,722 shares in the last quarter. Finally, Financial Counselors Inc. boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 9.4% during the 3rd quarter. Financial Counselors Inc. now owns 272,889 shares of the company’s stock worth $6,713,000 after buying an additional 23,474 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.21 on Tuesday. NYLI MacKay Shields Municipal Intermediate ETF has a 52-week low of $23.76 and a 52-week high of $24.65. The stock’s 50 day moving average price is $24.13 and its two-hundred day moving average price is $24.28.

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.