NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Sets New 1-Year High – Here’s What Happened

Posted by Scott Moore on Feb 23rd, 2026

NYLI MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $24.72 and last traded at $24.7150, with a volume of 238826 shares traded. The stock had previously closed at $24.69.

NYLI MacKay Shields Municipal Intermediate ETF Price Performance

The firm’s 50-day moving average is $24.48 and its 200-day moving average is $24.31.

NYLI MacKay Shields Municipal Intermediate ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a dividend of $0.0733 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, January 30th.

Hedge Funds Weigh In On NYLI MacKay Shields Municipal Intermediate ETF

Several large investors have recently added to or reduced their stakes in MMIT. CWM LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the 4th quarter worth approximately $26,000. CIBC Private Wealth Group LLC purchased a new position in shares of NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter valued at approximately $27,000. BOKF NA bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the third quarter worth $53,000. Root Financial Partners LLC bought a new stake in NYLI MacKay Shields Municipal Intermediate ETF during the fourth quarter worth $83,000. Finally, Rossby Financial LCC purchased a new stake in NYLI MacKay Shields Municipal Intermediate ETF in the 3rd quarter valued at $95,000.

About NYLI MacKay Shields Municipal Intermediate ETF

(Get Free Report)

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.