90,783 NYLIM MacKay Shields Municipal Intermediate ETF $MMIT Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. decreased its holdings in NYLIM MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 47.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 101,031 shares of the company’s stock after selling 90,783 shares during the period. Avantax Planning Partners Inc. owned approximately 0.15% of NYLIM MacKay Shields Municipal Intermediate ETF worth $2,312,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Meeder Advisory Services Inc. grew its stake in NYLIM MacKay Shields Municipal Intermediate ETF by 30.3% during the first quarter. Meeder Advisory Services Inc. now owns 2,944,732 shares of the company’s stock worth $70,983,000 after buying an additional 683,938 shares during the period. Waverly Advisors LLC acquired a new position in shares of NYLIM MacKay Shields Municipal Intermediate ETF during the second quarter worth about $13,967,000. Bank of America Corp DE boosted its position in shares of NYLIM MacKay Shields Municipal Intermediate ETF by 8.2% in the first quarter. Bank of America Corp DE now owns 6,215,015 shares of the company’s stock worth $149,813,000 after buying an additional 471,765 shares during the period. Avior Wealth Management LLC boosted its position in shares of NYLIM MacKay Shields Municipal Intermediate ETF by 100.0% in the third quarter. Avior Wealth Management LLC now owns 744,372 shares of the company’s stock worth $17,031,000 after buying an additional 372,250 shares during the period. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of NYLIM MacKay Shields Municipal Intermediate ETF in the second quarter worth about $8,719,000.

NYLIM MacKay Shields Municipal Intermediate ETF Trading Up 0.3%

MMIT stock opened at $23.87 on Friday. NYLIM MacKay Shields Municipal Intermediate ETF has a 1 year low of $22.77 and a 1 year high of $24.77. The stock has a 50-day simple moving average of $23.38 and a 200-day simple moving average of $24.07.

About NYLIM 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.