gayl
Thinks s/he gets paid by the post
Decided to sell this one, take the profit to pay off 1 kid's college loans. Not tradable?
CXA
- Thread starter gayl
- Start date
Sunset
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I think you are asking can you trade this ?
is this: SPDR Nuveen Barclays CA Muni Bd ETF or the stock that is delisted ?
is this: SPDR Nuveen Barclays CA Muni Bd ETF or the stock that is delisted ?
OP
OP
gayl
Thinks s/he gets paid by the post
CXA Etf apparently delisted 8/24. I found out when I tried to sell all
target2019
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
State Street delisted 12 ETFs this month.
Sunset
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
This site explains how the process works (which I wanted to know as well, for the future).
https://www.thebalance.com/what-happens-when-an-etf-closes-its-doors-1214809
https://www.thebalance.com/what-happens-when-an-etf-closes-its-doors-1214809
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OP
gayl
Thinks s/he gets paid by the post
I've never been through this before. Do you know what happens now? My broker says I will know on the 31st
Sunset
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
It's in the link I posted.
You will get your money, in a while, but it won't be exactly the amount on the last trading day due to many factors.
Looks like the last closing price was: $24.99
They will liquidate the etf at the end of August, because it was all bonds I would expect the price you end up getting will be within a few % of the closing price.
No idea on the timeframe until you actually get your cash.
Please post back to let us know, as this is pretty interesting.
You will get your money, in a while, but it won't be exactly the amount on the last trading day due to many factors.
Looks like the last closing price was: $24.99
They will liquidate the etf at the end of August, because it was all bonds I would expect the price you end up getting will be within a few % of the closing price.
No idea on the timeframe until you actually get your cash.
Please post back to let us know, as this is pretty interesting.
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OP
gayl
Thinks s/he gets paid by the post
Sorry. I posted in the email app and there was a time delay. I can absorb the loss this year, the year's been really good.
OP
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gayl
Thinks s/he gets paid by the post
Liquidation was on a rolling timeline 8/25-8/30. SSGA said it was disbursed. Still waiting ��
OP
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gayl
Thinks s/he gets paid by the post
SSGA pd off CXA and I actually got a little more than 500 more than I expected (increase from assuming 24.80 + that extra dividend). Confused. Last bid was 24.99 but NAV turned out to be NAV 25.27 
