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

by · The Markets Daily

Lebenthal Global Advisors LLC bought a new stake in NYLIM MacKay Municipal Insured ETF (NYSEARCA:MMIN – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,348 shares of the company’s stock, valued at approximately $520,000. Lebenthal Global Advisors LLC owned 0.10% of NYLIM MacKay Municipal Insured ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Advisors Asset Management LLC lifted its stake in NYLIM MacKay Municipal Insured ETF by 5.2% during the first quarter. Cornerstone Advisors Asset Management LLC now owns 700,318 shares of the company’s stock worth $16,605,000 after purchasing an additional 34,447 shares in the last quarter. ACT Advisors LLC. boosted its position in shares of NYLIM MacKay Municipal Insured ETF by 7.0% during the third 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 during the period. Purus Wealth Management LLC grew its stake in shares of NYLIM MacKay Municipal Insured ETF by 6.4% in the third quarter. Purus Wealth Management LLC now owns 77,485 shares of the company’s stock valued at $1,725,000 after buying an additional 4,690 shares in the last quarter. Cooper Financial Group grew its stake in shares of NYLIM MacKay Municipal Insured ETF by 38.6% in the third quarter. Cooper Financial Group now owns 20,286 shares of the company’s stock valued at $452,000 after buying an additional 5,645 shares in the last quarter. Finally, Lakeshore Capital Group Inc. acquired a new stake in shares of NYLIM MacKay Municipal Insured ETF in the third quarter valued at $358,000.

NYLIM MacKay Municipal Insured ETF Trading Up 0.1%

MMIN stock opened at $23.10 on Friday. NYLIM MacKay Municipal Insured ETF has a 12-month low of $22.11 and a 12-month high of $24.44. The business’s fifty day moving average price is $22.87 and its 200 day moving average price is $23.72.

NYLIM MacKay Municipal Insured ETF Company Profile

(Free Report)

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.

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