Landmark Wealth Management LLC Reduces Position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Landmark Wealth Management LLC decreased its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 2.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,251 shares of the company’s stock after selling 1,820 shares during the quarter. Landmark Wealth Management LLC owned 0.24% of NYLI MacKay Shields Municipal Intermediate ETF worth $1,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. AdvisorNet Financial Inc increased its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 2.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 43,614 shares of the company’s stock valued at $1,055,000 after purchasing an additional 883 shares during the last quarter. 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 period. Opes Wealth Management LLC increased its position in NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the third quarter. Opes Wealth Management LLC now owns 32,545 shares of the company’s stock worth $801,000 after buying an additional 2,250 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the second quarter worth about $61,000. Finally, BCS Wealth Management lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 11.0% during the 3rd quarter. BCS Wealth Management now owns 41,721 shares of the company’s stock valued at $1,026,000 after buying an additional 4,144 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Trading Up 0.4 %

Shares of NYSEARCA:MMIT opened at $24.22 on Tuesday. The stock has a 50 day moving average of $24.43 and a 200 day moving average of $24.29. NYLI MacKay Shields Municipal Intermediate ETF has a 12-month low of $23.43 and a 12-month high of $24.71.

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.