Flow Traders U.S. LLC Makes New $671,000 Investment in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Flow Traders U.S. LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,129 shares of the company’s stock, valued at approximately $671,000. Flow Traders U.S. LLC owned 0.06% of NYLI MacKay Shields Municipal Intermediate ETF at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. VestGen Advisors LLC grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 20.2% in the 2nd quarter. VestGen Advisors LLC now owns 113,586 shares of the company’s stock valued at $2,705,000 after buying an additional 19,072 shares during the last quarter. Kuhn & Co Investment Counsel raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 3.9% during the 2nd quarter. Kuhn & Co Investment Counsel now owns 77,193 shares of the company’s stock worth $1,841,000 after buying an additional 2,913 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 16.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,056 shares of the company’s stock worth $97,000 after acquiring an additional 584 shares during the period. Titleist Asset Management LLC boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 1.2% in the second quarter. Titleist Asset Management LLC now owns 36,209 shares of the company’s stock valued at $864,000 after acquiring an additional 433 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 36.1% during the second quarter. JPMorgan Chase & Co. now owns 196,002 shares of the company’s stock worth $4,675,000 after acquiring an additional 52,003 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

NYSEARCA MMIT opened at $24.32 on Thursday. NYLI MacKay Shields Municipal Intermediate ETF has a 52-week low of $22.99 and a 52-week high of $24.50. The firm has a 50-day moving average price of $24.34 and a 200 day moving average price of $24.05.

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.