Vicus Capital Grows Stock Holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Vicus Capital increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 221,935 shares of the company’s stock after buying an additional 15,602 shares during the quarter. Vicus Capital owned about 0.82% of NYLI MacKay Shields Municipal Intermediate ETF worth $5,329,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Schneider Downs Wealth Management Advisors LP grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.8% during the third 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 during the last quarter. Pallas Capital Advisors LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 5.5% during the third quarter. Pallas Capital Advisors LLC now owns 1,000,528 shares of the company’s stock worth $24,223,000 after buying an additional 51,904 shares during the last quarter. TruWealth Advisors LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 2.0% during the fourth quarter. TruWealth Advisors LLC now owns 655,457 shares of the company’s stock worth $15,738,000 after buying an additional 12,906 shares during the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 4.0% during the third 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 during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 58.1% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 406,994 shares of the company’s stock valued at $9,772,000 after purchasing an additional 149,508 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.2 %

Shares of MMIT opened at $24.13 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a twelve month low of $23.76 and a twelve month high of $24.65. The stock’s 50 day moving average is $24.12 and its two-hundred day moving average is $24.30.

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.