NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Position Boosted by Schneider Downs Wealth Management Advisors LP

Schneider Downs Wealth Management Advisors LP increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 12.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,440,403 shares of the company’s stock after purchasing an additional 163,060 shares during the quarter. NYLI MacKay Shields Municipal Intermediate ETF makes up approximately 7.3% of Schneider Downs Wealth Management Advisors LP’s portfolio, making the stock its 4th largest position. Schneider Downs Wealth Management Advisors LP owned about 0.05% of NYLI MacKay Shields Municipal Intermediate ETF worth $35,434,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the second quarter worth $61,000. Farther Finance Advisors LLC raised its position 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 acquiring an additional 922 shares in the last quarter. Sunpointe LLC bought a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the 3rd quarter valued at $208,000. Opes Wealth Management LLC lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 7.4% in the 3rd quarter. Opes Wealth Management LLC now owns 32,545 shares of the company’s stock valued at $801,000 after purchasing an additional 2,250 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 35.4% in the third quarter. Fortis Group Advisors LLC now owns 37,838 shares of the company’s stock worth $931,000 after purchasing an additional 9,883 shares in the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.25 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a one year low of $23.79 and a one year high of $24.71. The company’s fifty day moving average price is $24.38 and its two-hundred day moving average price is $24.30.

NYLI MacKay Shields Municipal Intermediate ETF 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.