NYLI MacKay California Municipal Intermediate ETF (MMCA) Price, Holdings, & News

ETF Overview

The IQ MacKay California Municipal Intermediate ETF (MMCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade, intermediate-term municipal bonds that are exempt from federal and California income taxes. MMCA was launched on Dec 21, 2021 and is managed by IndexIQ.

Key Stats

• Today's Range: $21.40 to $21.43
• 50-Day Range: $21.28 to $21.71
• 52-Week Range: $21.28 to $21.87
• Volume: 5,284 shs
• Average Volume: 4,303 shs
• Market Capitalization: $25.68 million
• Assets Under Management: $25.74 million
• Dividend Yield: 2.90%
• Net Expense Ratio: 0.36%
• Aggregate Rating: N/A

MMCA ETF - Frequently Asked Questions

How have MMCA shares performed this year?

NYLI MacKay California Municipal Intermediate ETF's stock was trading at $21.78 at the start of the year. Since then, MMCA shares have decreased by 1.7% and is now trading at $21.40.
View the best growth stocks for 2024 here.

Who are NYLI MacKay California Municipal Intermediate ETF's major shareholders?

NYLI MacKay California Municipal Intermediate ETF's top institutional investors include International Assets Investment Management LLC (29.03%), Weil Company Inc. (24.51%), HighTower Advisors LLC (3.14%) and Jane Street Group LLC (2.55%).

How do I buy shares of NYLI MacKay California Municipal Intermediate ETF?

Shares of MMCA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of NYLI MacKay California Municipal Intermediate ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NYLI MacKay California Municipal Intermediate ETF investors own include Allied Gaming & Entertainment (AGAE), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM), Academy Sports and Outdoors (ASO), Berkeley Energia (BKY), Global X Cloud Computing ETF (CLOU) and VelocityShares 1x Long VSTOXX Futures ETN (EVIX).

Fund Details

• Issuer: New York Life Investments
• Fund Name: NYLI MacKay California Municipal Intermediate ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:MMCA
• Inception Date: 12/21/2021
• Fund Manager: Michael Denlinger, John Lawlor, Michael Petty, Scott Sprauer
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Municipals
• Focus: Broad Municipals
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 52

Fund Statistics

• Assets Under Management: $25.74 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.03%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: New York Life Investment Management LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: ALPS Distributors, Inc.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Citadel

Options

• Optionable: N/A
• Short Interest: 30,700 shs

Miscellaneous

• Outstanding Shares: 1,200,000
• Beta: 0.06
• Creation Unit: 50,000
• Creation Fee: $250.00