Titleist Asset Management LLC Increases Stake in NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

Titleist Asset Management LLC boosted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 10.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 33,871 shares of the company’s stock after purchasing an additional 3,137 shares during the period. Titleist Asset Management LLC owned approximately 0.12% of NYLI MacKay Shields Municipal Intermediate ETF worth $813,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MMIT. Bill Few Associates Inc. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth about $315,000. Curran Financial Partners LLC purchased a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at $330,000. Rockefeller Capital Management L.P. acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF in the third quarter worth $480,000. Synovus Financial Corp purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth $488,000. Finally, Jane Street Group LLC acquired a new position in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter valued at $547,000.

NYLI MacKay Shields Municipal Intermediate ETF Stock Up 0.3 %

Shares of MMIT opened at $24.11 on Monday. The business’s 50-day moving average is $24.14 and its two-hundred day moving average is $24.22. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $23.76 and a fifty-two week high of $24.65.

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.