Dynamic Advisor Solutions LLC Has $9.77 Million Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Dynamic Advisor Solutions LLC increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 58.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 406,994 shares of the company’s stock after acquiring an additional 149,508 shares during the period. Dynamic Advisor Solutions LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $9,772,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Farther Finance Advisors LLC grew its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 36.9% during the third quarter. Farther Finance Advisors LLC now owns 3,420 shares of the company’s stock valued at $84,000 after purchasing an additional 922 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter worth $480,000. Jane Street Group LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at $547,000. JPMorgan Chase & Co. raised its holdings 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 period. Finally, Park Avenue Securities LLC lifted its position in NYLI MacKay Shields Municipal Intermediate ETF by 34.1% during 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

MMIT stock opened at $24.08 on Friday. The company has a 50-day moving average of $24.18 and a two-hundred day moving average of $24.31. NYLI MacKay Shields Municipal Intermediate ETF has a 52-week low of $23.76 and a 52-week high of $24.65.

NYLI MacKay Shields Municipal Intermediate ETF Company 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.