Opes Wealth Management LLC Raises Stake in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Opes Wealth Management LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 9.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,255 shares of the company’s stock after purchasing an additional 3,250 shares during the quarter. Opes Wealth Management LLC owned about 0.09% of NYLI MacKay Shields Municipal Intermediate ETF worth $936,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MMIT. Orgel Wealth Management LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 2nd quarter worth approximately $140,935,000. Meeder Advisory Services Inc. bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the first quarter valued at $40,881,000. Cetera Investment Advisers raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 110.0% in the 1st quarter. Cetera Investment Advisers now owns 1,664,340 shares of the company’s stock worth $39,894,000 after purchasing an additional 871,933 shares during the last quarter. CFO4Life Group LLC purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 1st quarter worth about $7,764,000. Finally, Jane Street Group LLC grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 128.9% during the 1st quarter. Jane Street Group LLC now owns 437,354 shares of the company’s stock valued at $10,483,000 after purchasing an additional 246,326 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

NYSEARCA:MMIT opened at $24.39 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $22.99 and a fifty-two week high of $24.52. The firm has a 50-day simple moving average of $24.15 and a two-hundred day simple moving average of $23.88.

About NYLI 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.