Vicus Capital Buys 43,331 Shares of NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Vicus Capital increased its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 14.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 352,200 shares of the company’s stock after acquiring an additional 43,331 shares during the quarter. Vicus Capital owned approximately 0.72% of NYLI MacKay Shields Municipal Intermediate ETF worth $8,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of MMIT. Northwestern Mutual Wealth Management Co. boosted its stake in shares of NYLI MacKay Shields Municipal Intermediate ETF by 16.8% during the second 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 during the period. Assetmark Inc. raised its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 81.7% during the 2nd quarter. Assetmark Inc. now owns 4,185 shares of the company’s stock valued at $100,000 after buying an additional 1,882 shares during the last quarter. Daymark Wealth Partners LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 2nd quarter valued at $249,000. AE Wealth Management LLC boosted its position in NYLI MacKay Shields Municipal Intermediate ETF by 13.8% during the 2nd quarter. AE Wealth Management LLC now owns 10,917 shares of the company’s stock valued at $260,000 after buying an additional 1,320 shares during the period. Finally, Lokken Investment Group LLC grew its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 52.2% in the 2nd quarter. Lokken Investment Group LLC now owns 15,410 shares of the company’s stock worth $368,000 after acquiring an additional 5,283 shares during the last quarter.

NYLI MacKay Shields Municipal Intermediate ETF Stock Performance

MMIT stock opened at $24.46 on Monday. The firm’s 50-day moving average price is $24.35 and its two-hundred day moving average price is $24.14. NYLI MacKay Shields Municipal Intermediate ETF has a 12-month low of $22.99 and a 12-month high of $24.50.

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.