New York Life Investment Management LLC purchased a new stake in shares of NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,977,705 shares of the company’s stock, valued at approximately $48,909,000. New York Life Investment Management LLC owned about 0.57% of NYLIM MacKay Muni Short Duration ETF as of its most recent filing with the SEC.
A number of other hedge funds have also modified their holdings of MMSD. Invenio Wealth Partners LLC raised its stake in shares of NYLIM MacKay Muni Short Duration ETF by 26.3% in the third quarter. Invenio Wealth Partners LLC now owns 277,687 shares of the company’s stock worth $6,867,000 after purchasing an additional 57,843 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of NYLIM MacKay Muni Short Duration ETF by 107.8% during the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after purchasing an additional 20,577 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of NYLIM MacKay Muni Short Duration ETF during the first quarter worth about $416,000.
NYLIM MacKay Muni Short Duration ETF Trading Down 0.2%
Shares of NYSEARCA MMSD opened at $25.11 on Wednesday. The business’s 50 day moving average price is $24.96 and its 200 day moving average price is $25.27. NYLIM MacKay Muni Short Duration ETF has a 52 week low of $24.59 and a 52 week high of $26.10.
NYLIM MacKay Muni Short Duration ETF Company Profile
The NYLI MacKay Muni Short Duration ETF (MMSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking current income exempt from federal tax through primarily investment grade municipal bonds. The fund incorporates ESG risk assessments into its strategy while maintaining an average portfolio duration of 1-3 years. MMSD was launched on May 6, 2025 and is issued by New York Life Investments.
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