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NYSEARCA:MMITIQ MacKay Shields Municipal Intermediate ETF Stock Price, Forecast & News

$26.03
+0.08 (+0.31 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$26.01
Now: $26.03
$26.03
50-Day Range
$25.24
MA: $25.66
$26.04
52-Week Range
$22.05
Now: $26.03
$26.83
Volume200 shs
Average Volume7,758 shs
Market Capitalization$55.96 million
P/E RatioN/A
Dividend Yield4.13%
BetaN/A

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.89 out of 5 stars


Basic Details

Issuer IndexIQ
Fund NameIQ MacKay Shields Municipal Intermediate ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:MMIT
Inception Date10/18/2017
Fund ManagerJohn Loffredo, Robert DiMella, Michael Petty, David Dowden, Scott Sprauer, John Lawlor
WebN/A
PhoneN/A

Fund Focus

Asset ClassFixed Income
BenchmarkNot Applicable
CategoryMunicipals
FocusInvestment Grade
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$55.91 million
Average Daily Volume$6,714.10
Discount/Premium0.03%

ETF Expenses

Management Fee0.40%
Other Expenses0.17%
Total Expenses0.57%
Fee Waiver-0.27%
Net Expenses0.30%

Administrator, Advisor and Custodian

AdministratorThe Bank of New York Mellon Corporation
AdvisorIndexIQ Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCantor Fitzgerald

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Geographic Exposure of IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)
Currency Exposure of IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)
Sector Exposure of IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)
Industry Exposure of IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) Frequently Asked Questions

How has IQ MacKay Shields Municipal Intermediate ETF's stock been impacted by COVID-19 (Coronavirus)?

IQ MacKay Shields Municipal Intermediate ETF's stock was trading at $26.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MMIT shares have decreased by 0.7% and is now trading at $26.03. View which stocks have been most impacted by Coronavirus.

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 announced a monthly dividend on Monday, February 3rd. Stockholders of record on Tuesday, February 4th will be paid a dividend of $0.0998 per share on Friday, February 7th. This represents a $1.20 dividend on an annualized basis and a yield of 4.60%. The ex-dividend date is Monday, February 3rd. View IQ MacKay Shields Municipal Intermediate ETF's dividend history.

Has IQ MacKay Shields Municipal Intermediate ETF been receiving favorable news coverage?

Media headlines about MMIT stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. IQ MacKay Shields Municipal Intermediate ETF earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next several days. View the latest news aboutIQ MacKay Shields Municipal Intermediate ETF.

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 Global (ASH) and Alliance Resource Partners (ARLP).

What is IQ MacKay Shields Municipal Intermediate ETF's stock symbol?

IQ MacKay Shields Municipal Intermediate ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "MMIT."

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 retail and institutional investors. Top institutional investors include 1776 Wealth LLC (2.43%).

Which institutional investors are buying IQ MacKay Shields Municipal Intermediate ETF stock?

MMIT stock was purchased by a variety of institutional investors in the last quarter, including 1776 Wealth LLC.

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

Shares of MMIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is IQ MacKay Shields Municipal Intermediate ETF's stock price today?

One share of MMIT stock can currently be purchased for approximately $26.03.

How big of a company is IQ MacKay Shields Municipal Intermediate ETF?

IQ MacKay Shields Municipal Intermediate ETF has a market capitalization of $55.96 million.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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