Hudock Inc. lessened its holdings in shares of NYLIM MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Free Report) by 24.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 314,151 shares of the company’s stock after selling 99,348 shares during the quarter. NYLIM MacKay Shields Municipal Intermediate ETF accounts for approximately 0.9% of Hudock Inc.’s portfolio, making the stock its 24th largest position. Hudock Inc. owned about 0.48% of NYLIM MacKay Shields Municipal Intermediate ETF worth $7,188,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Concurrent Investment Advisors LLC bought a new position in shares of NYLIM MacKay Shields Municipal Intermediate ETF in the second quarter valued at $8,719,000. Rockefeller Capital Management L.P. increased its position in shares of NYLIM MacKay Shields Municipal Intermediate ETF by 105.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 172,365 shares of the company’s stock worth $4,194,000 after acquiring an additional 88,295 shares in the last quarter. Waverly Advisors LLC bought a new stake in shares of NYLIM MacKay Shields Municipal Intermediate ETF during the second quarter worth about $13,967,000. Clear Trail Advisors LLC bought a new stake in shares of NYLIM MacKay Shields Municipal Intermediate ETF during the first quarter worth about $4,785,000. Finally, NewEdge Wealth LLC acquired a new stake in shares of NYLIM MacKay Shields Municipal Intermediate ETF in the 1st quarter worth about $1,054,000.
NYLIM MacKay Shields Municipal Intermediate ETF Stock Performance
MMIT opened at $23.11 on Thursday. NYLIM MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $22.77 and a fifty-two week high of $24.77. The company’s 50-day moving average is $23.53 and its 200 day moving average is $24.00.
NYLIM 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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.
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