IQ MacKay Municipal Insured ETF (NYSEARCA:MMIN) Trading 0.1% Higher

Shares of 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 traded 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 Stock Down 0.1 %

The business has a fifty day moving average price of $24.23 and a 200-day moving average price of $23.93.

IQ MacKay Municipal Insured ETF Increases Dividend

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

Institutional Inflows and Outflows

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

About IQ 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.