Centaurus Financial Inc. acquired a new stake in NYLI MacKay High Income ETF (NYSEARCA:IQHI – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 22,786 shares of the company’s stock, valued at approximately $353,000.
Other hedge funds also recently added to or reduced their stakes in the company. Pasadena Private Wealth LLC purchased a new stake in shares of NYLI MacKay High Income ETF in the second quarter worth about $155,000. Northwestern Mutual Wealth Management Co. acquired a new position in NYLI MacKay High Income ETF during the 2nd quarter worth approximately $311,000. Bank of America Corp DE acquired a new stake in NYLI MacKay High Income ETF in the second quarter valued at approximately $4,978,000. Finally, New York Life Investment Management LLC raised its stake in shares of NYLI MacKay High Income ETF by 27.2% during the fourth quarter. New York Life Investment Management LLC now owns 3,576,937 shares of the company’s stock valued at $93,537,000 after purchasing an additional 764,096 shares during the period.
NYLI MacKay High Income ETF Price Performance
NYSEARCA IQHI opened at $25.93 on Friday. The company’s fifty day simple moving average is $25.88 and its 200-day simple moving average is $25.95. NYLI MacKay High Income ETF has a 52 week low of $25.15 and a 52 week high of $27.40.
NYLI MacKay High Income ETF Company Profile
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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