Bank of New York Mellon Corp Boosts Stock Holdings in NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN)

Bank of New York Mellon Corp raised its holdings in shares of NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) by 7.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,754 shares of the company’s stock after buying an additional 3,532 shares during the period. Bank of New York Mellon Corp’s holdings in NYLI MacKay Municipal Insured ETF were worth $1,270,000 at the end of the most recent reporting period.

Separately, Golden State Wealth Management LLC raised its stake in shares of NYLI MacKay Municipal Insured ETF by 72.6% during the first quarter. Golden State Wealth Management LLC now owns 140,710 shares of the company’s stock valued at $3,325,000 after acquiring an additional 59,209 shares during the last quarter.

NYLI MacKay Municipal Insured ETF Stock Down 0.3%

Shares of NYSEARCA:MMIN opened at $22.92 on Thursday. NYLI MacKay Municipal Insured ETF has a 12 month low of $22.30 and a 12 month high of $24.65. The company has a 50-day moving average price of $23.09 and a 200-day moving average price of $23.43.

About NYLI MacKay Municipal Insured ETF

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.