Wealth Enhancement Advisory Services LLC Boosts Holdings in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Wealth Enhancement Advisory Services LLC raised its position in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 104.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 217,309 shares of the company’s stock after buying an additional 110,987 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.40% of NYLI MacKay Shields Municipal Intermediate ETF worth $5,300,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 12.5% in the first quarter. Royal Bank of Canada now owns 97,836 shares of the company’s stock valued at $2,345,000 after acquiring an additional 10,902 shares in the last quarter. Jane Street Group LLC lifted its position in NYLI MacKay Shields Municipal Intermediate ETF by 128.9% in the first 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 period. JPMorgan Chase & Co. boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 36.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 196,002 shares of the company’s stock valued at $4,675,000 after purchasing an additional 52,003 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 valued at $97,000 after purchasing an additional 584 shares in the last quarter. Finally, VestGen Advisors LLC increased its position in NYLI MacKay Shields Municipal Intermediate ETF by 20.2% during the 2nd quarter. VestGen Advisors LLC now owns 113,586 shares of the company’s stock worth $2,705,000 after purchasing an additional 19,072 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

MMIT opened at $24.09 on Monday. The business has a 50 day simple moving average of $24.50 and a 200-day simple moving average of $24.40. NYLI MacKay Shields Municipal Intermediate ETF has a 12 month low of $22.99 and a 12 month high of $24.77.

NYLI MacKay Shields Municipal Intermediate ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were given a $0.0668 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 3.3%.

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. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.