Condor Capital Management Purchases Shares of 461,713 NYLI MacKay Shields Municipal Intermediate ETF $MMIT

Condor Capital Management acquired a new stake in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 461,713 shares of the company’s stock, valued at approximately $11,012,000. NYLI MacKay Shields Municipal Intermediate ETF comprises 1.0% of Condor Capital Management’s holdings, making the stock its 27th largest position. Condor Capital Management owned about 1.07% of NYLI MacKay Shields Municipal Intermediate ETF at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MMIT. CFO4Life Group LLC raised its position in NYLI MacKay Shields Municipal Intermediate ETF by 26.9% during the second quarter. CFO4Life Group LLC now owns 411,040 shares of the company’s stock valued at $9,803,000 after acquiring an additional 87,136 shares in the last quarter. PFG Advisors increased its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF by 18.5% during the 2nd quarter. PFG Advisors now owns 58,777 shares of the company’s stock valued at $1,402,000 after purchasing an additional 9,188 shares in the last quarter. Midwest Trust Co acquired a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF in the 2nd quarter valued at $13,869,000. AE Wealth Management LLC boosted its holdings in NYLI MacKay Shields Municipal Intermediate ETF by 13.8% during the second quarter. AE Wealth Management LLC now owns 10,917 shares of the company’s stock worth $260,000 after buying an additional 1,320 shares in the last quarter. Finally, NewSquare Capital LLC grew its position in NYLI MacKay Shields Municipal Intermediate ETF by 2.8% during the second quarter. NewSquare Capital LLC now owns 23,574 shares of the company’s stock valued at $562,000 after buying an additional 636 shares during the period.

NYLI MacKay Shields Municipal Intermediate ETF Stock Down 0.1%

MMIT opened at $24.33 on Friday. The company has a fifty day moving average of $24.31 and a two-hundred day moving average of $23.97. NYLI MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $22.99 and a fifty-two week high of $24.52.

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.