Bartlett & CO. Wealth Management LLC Decreases Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Bartlett & CO. Wealth Management LLC lessened its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 26.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,665 shares of the company’s stock after selling 2,365 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock worth $84,000 after acquiring an additional 922 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth $480,000. Jane Street Group LLC purchased a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter worth $547,000. JPMorgan Chase & Co. raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 28.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 90,846 shares of the company’s stock worth $2,235,000 after acquiring an additional 20,081 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in NYLI MacKay Shields Municipal Intermediate ETF by 34.1% in the 4th quarter. Park Avenue Securities LLC now owns 41,498 shares of the company’s stock worth $996,000 after acquiring an additional 10,556 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of MMIT stock opened at $24.08 on Friday. The business has a fifty day moving average of $24.18 and a 200 day moving average of $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.76 and a 1 year high of $24.65.

NYLI MacKay Shields Municipal Intermediate ETF Profile

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.