NYLI MacKay Muni Intermediate ETF (MMIT)
BCS Wealth Management Raises Position in NYLI MacKay Shields Municipal Intermediate ETF $MMIT
BCS Wealth Management grew its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 116.2% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,364 shares of the company's stock after purchasing an additional 25,999
JPMorgan Chase & Co. Decreases Position in NYLI MacKay Shields Municipal Intermediate ETF $MMIT
JPMorgan Chase and Co. trimmed its holdings in shares of NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) by 24.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,706 shares of the company's stock after selling 48,296
ETF 360: John Lawlor Unpacks the State of Munis
On the latest ETF 360, Kirsten Chang spoke to John Lawlor, managing director, portfolio manager/trader from MacKay Shields about the state of munis. Additionally, they discussed the NYLI MacKay Muni Intermediate ETF (MMIT).
IndexIQ Launches 6th MacKay Shields ETF
On Friday, IndexIQ launched the actively managed IQ MacKay Securitized Income ETF (NYSE Arca:SECR), which invests in investment-grade mortgage-related and asset-backed securities. The new fund is sub-advised by members of the global fixed income team at New York Life Investment Management subsidiary MacKay Shields.
There's Value to Be Had in Municipal Bonds
Municipal bonds are participating in the 2022 fixed income market tale of woe, but broad-based municipal muni bond benchmarks are outperforming aggregate bond counterparts and some experts see opportunity in municipal debt.
Are We Entering a ‘New Golden Decade' for Municipal Bonds?
With higher yields and more stability to offer fixed income investors, municipal bonds are all the rage in the debt market. A pair of active funds to consider are the IQ MacKay Municipal Intermediate ETF (MMIT) and the IQ MacKay Municipal Insured ETF (MMIN).