Lebenthal Global Advisors LLC Acquires New Stake in NYLIM MacKay Municipal Insured ETF $MMIN

Lebenthal Global Advisors LLC acquired a new stake in NYLIM MacKay Municipal Insured ETF (NYSEARCA:MMIN) in the 3rd quarter, HoldingsChannel reports. The fund acquired 23,348 shares of the company’s stock, valued at approximately $520,000.

A number of other institutional investors have also recently made changes to their positions in the business. Cornerstone Advisors Asset Management LLC increased its stake in NYLIM MacKay Municipal Insured ETF by 5.2% during the 1st quarter. Cornerstone Advisors Asset Management LLC now owns 700,318 shares of the company’s stock worth $16,605,000 after buying an additional 34,447 shares during the period. ACT Advisors LLC. lifted its holdings in NYLIM MacKay Municipal Insured ETF by 7.0% during the 3rd quarter. ACT Advisors LLC. now owns 594,619 shares of the company’s stock worth $13,236,000 after buying an additional 39,061 shares in the last quarter. Purus Wealth Management LLC lifted its holdings in NYLIM MacKay Municipal Insured ETF by 6.4% during the 3rd quarter. Purus Wealth Management LLC now owns 77,485 shares of the company’s stock worth $1,725,000 after buying an additional 4,690 shares in the last quarter. Cooper Financial Group lifted its holdings in NYLIM MacKay Municipal Insured ETF by 38.6% during the 3rd quarter. Cooper Financial Group now owns 20,286 shares of the company’s stock worth $452,000 after buying an additional 5,645 shares in the last quarter. Finally, Lakeshore Capital Group Inc. acquired a new stake in NYLIM MacKay Municipal Insured ETF during the 3rd quarter worth approximately $358,000.

NYLIM MacKay Municipal Insured ETF Price Performance

Shares of MMIN stock opened at $23.10 on Friday. NYLIM MacKay Municipal Insured ETF has a 52 week low of $22.11 and a 52 week high of $24.44. The firm has a 50 day moving average of $22.87 and a two-hundred day moving average of $23.72.

NYLIM MacKay Municipal Insured ETF 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.