Sanctuary Advisors LLC Has $6.41 Million Position in NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Sanctuary Advisors LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 25.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 265,827 shares of the company’s stock after purchasing an additional 54,226 shares during the period. Sanctuary Advisors LLC’s holdings in NYLI MacKay Shields Municipal Intermediate ETF were worth $6,408,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Mariner LLC grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 1,689.0% in 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 in the last quarter. Midwest Trust Co raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 96.5% during the fourth quarter. Midwest Trust Co now owns 1,277,827 shares of the company’s stock worth $31,090,000 after acquiring an additional 627,505 shares in the last quarter. Bank of America Corp DE raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 10.3% during the third quarter. Bank of America Corp DE now owns 5,013,103 shares of the company’s stock worth $121,818,000 after acquiring an additional 469,447 shares in the last quarter. Schneider Downs Wealth Management Advisors LP boosted its position in NYLI MacKay Shields Municipal Intermediate ETF by 22.0% during the third quarter. Schneider Downs Wealth Management Advisors LP now owns 2,242,166 shares of the company’s stock valued at $54,485,000 after purchasing an additional 403,900 shares during the last quarter. Finally, Flputnam Investment Management Co. boosted its position in NYLI MacKay Shields Municipal Intermediate ETF by 438.1% during the fourth quarter. Flputnam Investment Management Co. now owns 463,899 shares of the company’s stock valued at $11,287,000 after purchasing an additional 377,693 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

MMIT stock opened at $24.20 on Friday. NYLI MacKay Shields Municipal Intermediate ETF has a twelve month low of $23.68 and a twelve month high of $24.77. The business has a 50 day moving average price of $24.29 and a two-hundred 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.