New York Life Insurance Co. Acquires New Holdings in NYLI MacKay California Municipal Intermediate ETF $MMCA

New York Life Insurance Co. acquired a new stake in shares of NYLI MacKay California Municipal Intermediate ETF (NYSEARCA:MMCA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,151,544 shares of the company’s stock, valued at approximately $25,132,000. NYLI MacKay California Municipal Intermediate ETF makes up approximately 5.5% of New York Life Insurance Co.’s portfolio, making the stock its 5th largest position. New York Life Insurance Co. owned 0.35% of NYLI MacKay California Municipal Intermediate ETF as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Octavia Wealth Advisors LLC grew its stake in NYLI MacKay California Municipal Intermediate ETF by 49.6% during the fourth quarter. Octavia Wealth Advisors LLC now owns 123,871 shares of the company’s stock valued at $2,711,000 after acquiring an additional 41,078 shares in the last quarter. Avantax Planning Partners Inc. purchased a new position in NYLI MacKay California Municipal Intermediate ETF in the 4th quarter worth approximately $328,000. Brio Consultants LLC grew its stake in NYLI MacKay California Municipal Intermediate ETF by 2.1% in the 4th quarter. Brio Consultants LLC now owns 48,046 shares of the company’s stock worth $1,049,000 after buying an additional 988 shares in the last quarter. Entruity Wealth LLC grew its stake in NYLI MacKay California Municipal Intermediate ETF by 4.7% in the 4th quarter. Entruity Wealth LLC now owns 115,356 shares of the company’s stock worth $2,518,000 after buying an additional 5,205 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in NYLI MacKay California Municipal Intermediate ETF in the 3rd quarter worth approximately $402,000.

NYLI MacKay California Municipal Intermediate ETF Price Performance

MMCA stock opened at $21.72 on Thursday. NYLI MacKay California Municipal Intermediate ETF has a one year low of $21.09 and a one year high of $23.00. The firm has a 50 day simple moving average of $21.70 and a two-hundred day simple moving average of $21.85.

NYLI MacKay California Municipal Intermediate ETF Company Profile

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.