71,514 Shares in NYLI MacKay Municipal Insured ETF $MMIN Acquired by Hilton Head Capital Partners LLC

Hilton Head Capital Partners LLC bought a new position in NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) during the fourth quarter, Holdings Channel.com reports. The fund bought 71,514 shares of the company’s stock, valued at approximately $1,712,000. NYLI MacKay Municipal Insured ETF accounts for approximately 1.0% of Hilton Head Capital Partners LLC’s investment portfolio, making the stock its 23rd largest position.

Separately, NewEdge Advisors LLC acquired a new stake in shares of NYLI MacKay Municipal Insured ETF during the first quarter valued at approximately $398,000.

NYLI MacKay Municipal Insured ETF Stock Performance

MMIN stock opened at $24.07 on Monday. NYLI MacKay Municipal Insured ETF has a 52-week low of $22.77 and a 52-week high of $24.44. The company’s 50 day simple moving average is $23.96 and its 200-day simple moving average is $24.03.

NYLI 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.