New York Life Investment Management LLC Purchases 764,096 Shares of NYLI MacKay High Income ETF $IQHI

New York Life Investment Management LLC boosted its position in shares of NYLI MacKay High Income ETF (NYSEARCA:IQHI) by 27.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,576,937 shares of the company’s stock after acquiring an additional 764,096 shares during the period. NYLI MacKay High Income ETF makes up about 0.8% of New York Life Investment Management LLC’s investment portfolio, making the stock its 23rd largest position. New York Life Investment Management LLC owned about 0.79% of NYLI MacKay High Income ETF worth $93,537,000 at the end of the most recent quarter.

NYLI MacKay High Income ETF Trading Up 0.1%

IQHI stock opened at $25.91 on Friday. The stock has a 50-day moving average price of $25.93 and a two-hundred day moving average price of $26.18. NYLI MacKay High Income ETF has a 1 year low of $25.57 and a 1 year high of $27.40.

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.