Northwestern Mutual Wealth Management Co. bought a new position in shares of NYLI MacKay High Income ETF (NYSEARCA:IQHI – Free Report) in the second quarter, Holdings Channel reports. The institutional investor bought 20,078 shares of the company’s stock, valued at approximately $311,000.
Separately, Pasadena Private Wealth LLC purchased a new position in NYLI MacKay High Income ETF in the 2nd quarter valued at about $155,000.
NYLI MacKay High Income ETF Trading Up 0.1%
IQHI stock opened at $25.95 on Friday. NYLI MacKay High Income ETF has a 12-month low of $25.15 and a 12-month high of $27.40. The business’s 50-day moving average is $25.88 and its 200 day moving average is $25.95.
About NYLI MacKay High Income ETF
The IQ MacKay ESG High Income ETF (IQHI) is an exchange-traded fund that is based on the Bloomberg VLI High Yield index. The fund is an actively managed fund that provides broad exposure to high-yield corporate bonds of various maturities from around the world that meet environmental, social, and corporate governance criteria. IQHI was launched on Oct 25, 2022 and is managed by IndexIQ.
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Want to see what other hedge funds are holding IQHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NYLI MacKay High Income ETF (NYSEARCA:IQHI – Free Report).
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