Institutional Investors Increase Stakes in MFS Active Intermediate Muni Bond ETF

Multiple financial advisors increased their holdings in MFS Active Intermediate Muni Bond ETF during the first and second quarters of the year. For example, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in the second quarter valued at $1,774,000, while Ascentis Independent Advisors purchased a new position in the first quarter worth approximately $783,000. Separately, short interest in the ETF dropped by 48.6% during September, falling from 93,831 shares on September 15th to 48,208 shares by September 30th.

The increase in institutional buying and the reduction in short interest suggest growing investor confidence in the ETF. This capital inflow could boost MFS's Assets Under Management (AUM), which is central to the firm's business.