IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) Stock Price Up 0.1%

IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) rose 0.1% during mid-day trading on Monday . The stock traded as high as $23.99 and last traded at $23.98. Approximately 55,753 shares changed hands during trading, a decline of 36% from the average daily volume of 86,649 shares. The stock had previously closed at $23.97.

IQ MacKay Municipal Insured ETF Trading Up 0.1 %

The business has a fifty day simple moving average of $24.23 and a 200 day simple moving average of $23.92.

IQ MacKay Municipal Insured ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.0808 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from IQ MacKay Municipal Insured ETF’s previous dividend of $0.08.

Institutional Trading of IQ MacKay Municipal Insured ETF

A hedge fund recently bought a new stake in IQ MacKay Municipal Insured ETF stock. Waterloo Capital L.P. acquired a new position in shares of IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,149 shares of the company’s stock, valued at approximately $225,000. Waterloo Capital L.P. owned 0.05% of IQ MacKay Municipal Insured ETF as of its most recent SEC filing.

IQ MacKay Municipal Insured ETF Company Profile

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.