IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Shares Sold by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV decreased its holdings in IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 46.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 160,464 shares of the company’s stock after selling 138,760 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in IQ MacKay Shields Municipal Intermediate ETF were worth $3,914,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its stake in shares of IQ MacKay Shields Municipal Intermediate ETF by 23.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,144,554 shares of the company’s stock worth $28,110,000 after buying an additional 219,739 shares during the period. Stifel Financial Corp grew its holdings in IQ MacKay Shields Municipal Intermediate ETF by 59.6% during the 4th quarter. Stifel Financial Corp now owns 375,085 shares of the company’s stock worth $9,212,000 after acquiring an additional 140,065 shares in the last quarter. New Hampshire Trust purchased a new stake in shares of IQ MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at approximately $3,093,000. Janney Capital Management LLC purchased a new stake in shares of IQ MacKay Shields Municipal Intermediate ETF in the 4th quarter valued at approximately $1,521,000. Finally, AdvisorNet Financial Inc raised its holdings in shares of IQ MacKay Shields Municipal Intermediate ETF by 179.7% in the 4th quarter. AdvisorNet Financial Inc now owns 41,869 shares of the company’s stock valued at $1,028,000 after purchasing an additional 26,902 shares in the last quarter.

IQ MacKay Shields Municipal Intermediate ETF Stock Up 0.1 %

IQ MacKay Shields Municipal Intermediate ETF stock opened at $24.26 on Friday. The company has a fifty day simple moving average of $24.12 and a 200-day simple moving average of $24.32. IQ MacKay Shields Municipal Intermediate ETF has a 12-month low of $23.21 and a 12-month high of $24.71.

IQ 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.