Hapanowicz & Associates Financial Services Inc Takes Position in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Hapanowicz & Associates Financial Services Inc purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 61,704 shares of the company’s stock, valued at approximately $1,501,000. NYLI MacKay Shields Municipal Intermediate ETF accounts for about 0.6% of Hapanowicz & Associates Financial Services Inc’s portfolio, making the stock its 11th largest position. Hapanowicz & Associates Financial Services Inc owned about 0.11% of NYLI MacKay Shields Municipal Intermediate ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MMIT. Mariner LLC lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 1,689.0% during the 3rd quarter. Mariner LLC now owns 1,181,175 shares of the company’s stock valued at $28,703,000 after acquiring an additional 1,115,151 shares during the period. Midwest Trust Co lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 96.5% during the 4th quarter. Midwest Trust Co now owns 1,277,827 shares of the company’s stock valued at $31,090,000 after acquiring an additional 627,505 shares during the period. Bank of America Corp DE lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 10.3% during the 3rd quarter. Bank of America Corp DE now owns 5,013,103 shares of the company’s stock valued at $121,818,000 after acquiring an additional 469,447 shares during the period. Schneider Downs Wealth Management Advisors LP lifted its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 22.0% during the 3rd quarter. Schneider Downs Wealth Management Advisors LP now owns 2,242,166 shares of the company’s stock valued at $54,485,000 after acquiring an additional 403,900 shares during the period. Finally, Flputnam Investment Management Co. raised its position in shares of NYLI MacKay Shields Municipal Intermediate ETF by 438.1% during the 4th quarter. Flputnam Investment Management Co. now owns 463,899 shares of the company’s stock worth $11,287,000 after purchasing an additional 377,693 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

Shares of NYLI MacKay Shields Municipal Intermediate ETF stock opened at $24.31 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a 1 year low of $23.62 and a 1 year high of $24.77. The business has a 50 day moving average price of $24.26 and a 200 day moving average price of $24.38.

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.