How have MMIT shares performed in 2024?

IQ MacKay Shields Municipal Intermediate ETF's stock was trading at $24.56 at the start of the year. Since then, MMIT stock has decreased by 1.8% and is now trading at $24.1111. View the best growth stocks for 2024 here .

How often does IQ MacKay Shields Municipal Intermediate ETF pay dividends? What is the dividend yield for IQ MacKay Shields Municipal Intermediate ETF?

IQ MacKay Shields Municipal Intermediate ETF declared a dividend on Tuesday, February 6th. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.0785 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous dividend of $0.07. Read our dividend analysis for MMIT .

What does MMIT invest in?

IQ MacKay Shields Municipal Intermediate ETF is a fixed income fund issued by IndexIQ. MMIT focuses on investment grade investments. The fund's investments total to approximately $650.83 million assets under management.

What is the management fee for IQ MacKay Shields Municipal Intermediate ETF?

IQ MacKay Shields Municipal Intermediate ETF's management fee is 0.40% and has other expenses of 0.18%. However, MMIT has a fee waiver of -0.27% to reimburse the expenses. The net expense ratio for MMIT is 0.31%.

What other stocks do shareholders of IQ MacKay Shields Municipal Intermediate ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other IQ MacKay Shields Municipal Intermediate ETF investors own include Acxiom (ACXM) , Duke Realty (DRE) , Keane Group (FRAC) , Adesto Technologies (IOTS) , Teekay Tankers (TNK) , Verizon Communications (VZ) , Atmos Energy (ATO) , Aroundtown (AT1) , Ashland (ASH) and Alliance Resource Partners (ARLP) .

Who are IQ MacKay Shields Municipal Intermediate ETF's major shareholders?

IQ MacKay Shields Municipal Intermediate ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vicus Capital (0.74%), Massmutual Trust Co. FSB ADV (0.84%) and AdvisorNet Financial Inc (0.16%).

How do I buy shares of IQ MacKay Shields Municipal Intermediate ETF?

Shares of MMIT 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. Compare Top Brokerages Here .

NYSEARCA:MMIT

IQ MacKay Shields Municipal Intermediate ETF (MMIT) Price, Holdings, & News

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)

Free MMIT Stock Alerts

$24.11

0.00 (0.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $24.07
▼
$24.12
50-Day Range: $24.03
▼
$24.48
52-Week Range: $23.21
▼
$24.71

Volume: 37,970 shs
Average Volume: 124,094 shs
Market Capitalization: $648.59 million

Assets Under Management: $650.83 million
Dividend Yield: 2.32%
Net Expense Ratio: 0.31%

Stock Analysis Chart Dividend Holdings Ownership

Get IQ MacKay Shields Municipal Intermediate ETF alerts:

About IQ MacKay Shields Municipal Intermediate ETF

The IQ MacKay Municipal Intermediate ETF (MMIT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to provide enhanced total-return potential by investing mainly in investment-grade, AMT-free US municipal bonds with duration between 3-10 years. MMIT was launched on Oct 18, 2017 and is managed by IndexIQ.

MMIT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MMIT ETF News Headlines

No headlines for this company have been tracked by MarketBeat.com

Receive MMIT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for IQ MacKay Shields Municipal Intermediate ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer: IndexIQ
Fund Name: IQ MacKay Shields Municipal Intermediate ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:MMIT
Inception Date: 10/18/2017
Fund Manager: John Loffredo, Robert DiMella, Michael Petty, David Dowden, Scott Sprauer, John Lawlor
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Fixed Income
Benchmark: N/A
Category: Municipals
Focus: Investment Grade
Development Level: Developed Markets
Region: North America
Number of Holdings: 542

Fund Statistics

Assets Under Management: $650.83 million
Average Daily Volume: $92,003.90
Discount/Premium: 0.01%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: IndexIQ Advisors 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: GTS

Options

Optionable: N/A
Short Interest: 22,100 shs

Miscellaneous

Outstanding Shares: 26,900,000
Beta: 0.11
Creation Unit: 50,000
Creation Fee: $500.00

The 10 Best AI Stocks to Own in 2024

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

IQ MacKay Shields Municipal Intermediate ETF Expenses

Type	MMIT	Investment Grade ETFs	Fixed Income ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.40%	0.22%	0.32%	0.50%	0.51%
Other Expenses	0.18%	0.12%	0.27%	0.64%	0.58%
Total Expense	0.58%	0.25%	0.40%	0.74%	0.70%
Fee Waiver	-0.27%	-0.15%	-0.24%	-0.68%	-0.57%
Net Expense	0.31%	0.22%	0.35%	0.58%	0.58%

IQ MacKay Shields Municipal Intermediate ETF (MMIT) Holdings & Exposure

Top 10 MMIT Holdings

PARKER CNTY TEX 5%
Holding Weight: 1.06%
BROWNSBURG IND 1999 SCH BLDG CORP 5.5%
Holding Weight: 0.98%
LOUISIANA HSG CORP MULTIFAMILY HSG REV 5%
Holding Weight: 0.95%
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.464%
Holding Weight: 0.95%
CONNECTICUT ST 5%
Holding Weight: 0.90%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5.264%
Holding Weight: 0.79%
CHICAGO ILL MULTI-FAMILY HSG REV 5%
Holding Weight: 0.78%
MIAMI-DADE CNTY FLA TRAN SYS SALES SURTAX REV 5%
Holding Weight: 0.75%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%
Holding Weight: 0.70%
UNIVERSITY CALIF REVS 2.9%
Holding Weight: 0.70%

MMIT Sector Exposure

MMIT Industry Exposure

Full Holdings Details

Similar ETFs

Institutional Ownership

View All Institutional Transactions

MMIT ETF - Frequently Asked Questions

How have MMIT shares performed in 2024?: IQ MacKay Shields Municipal Intermediate ETF's stock was trading at $24.56 at the start of the year. Since then, MMIT stock has decreased by 1.8% and is now trading at $24.1111.
View the best growth stocks for 2024 here.
How often does IQ MacKay Shields Municipal Intermediate ETF pay dividends? What is the dividend yield for IQ MacKay Shields Municipal Intermediate ETF?: IQ MacKay Shields Municipal Intermediate ETF declared a dividend on Tuesday, February 6th. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.0785 per share on Friday, April 5th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from the stock's previous dividend of $0.07.
Read our dividend analysis for MMIT.
What does MMIT invest in?: IQ MacKay Shields Municipal Intermediate ETF is a fixed income fund issued by IndexIQ. MMIT focuses on investment grade investments. The fund's investments total to approximately $650.83 million assets under management.
What is the management fee for IQ MacKay Shields Municipal Intermediate ETF?: IQ MacKay Shields Municipal Intermediate ETF's management fee is 0.40% and has other expenses of 0.18%. However, MMIT has a fee waiver of -0.27% to reimburse the expenses. The net expense ratio for MMIT is 0.31%.

What other stocks do shareholders of IQ MacKay Shields Municipal Intermediate ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other IQ MacKay Shields Municipal Intermediate ETF investors own include Acxiom (ACXM), Duke Realty (DRE), Keane Group (FRAC), Adesto Technologies (IOTS), Teekay Tankers (TNK), Verizon Communications (VZ), Atmos Energy (ATO), Aroundtown (AT1), Ashland (ASH) and Alliance Resource Partners (ARLP).
Who are IQ MacKay Shields Municipal Intermediate ETF's major shareholders?: IQ MacKay Shields Municipal Intermediate ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vicus Capital (0.74%), Massmutual Trust Co. FSB ADV (0.84%) and AdvisorNet Financial Inc (0.16%).
How do I buy shares of IQ MacKay Shields Municipal Intermediate ETF?: Shares of MMIT 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.
Compare Top Brokerages Here.

This page (NYSEARCA:MMIT) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial