New York Life Investment Management LLC Sells 119,242 Shares of NYLI MacKay Core Plus Bond ETF $CPLB

New York Life Investment Management LLC decreased its position in NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) by 0.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,888,590 shares of the company’s stock after selling 119,242 shares during the quarter. NYLI MacKay Core Plus Bond ETF comprises about 2.4% of New York Life Investment Management LLC’s holdings, making the stock its 5th largest position. New York Life Investment Management LLC owned 94.08% of NYLI MacKay Core Plus Bond ETF worth $275,608,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CPLB. Steward Partners Investment Advisory LLC acquired a new stake in shares of NYLI MacKay Core Plus Bond ETF during the 2nd quarter worth about $57,000. World Investment Advisors acquired a new stake in NYLI MacKay Core Plus Bond ETF during the third quarter worth approximately $359,000. Jane Street Group LLC purchased a new stake in NYLI MacKay Core Plus Bond ETF in the 2nd quarter worth approximately $411,000. Prosperity Financial Group Inc. purchased a new stake in NYLI MacKay Core Plus Bond ETF in the 2nd quarter worth approximately $625,000. Finally, Envestnet Asset Management Inc. acquired a new position in NYLI MacKay Core Plus Bond ETF in the 2nd quarter valued at $5,914,000.

NYLI MacKay Core Plus Bond ETF Stock Performance

CPLB stock opened at $21.29 on Monday. NYLI MacKay Core Plus Bond ETF has a 52-week low of $20.48 and a 52-week high of $21.65. The stock’s fifty day simple moving average is $21.26 and its 200-day simple moving average is $21.30.

NYLI MacKay Core Plus Bond ETF Company Profile

The NYLI MacKay Core Plus Bond ETF (CPLB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a wide range of corporate, government, mortgage-related and asset-backed securities, while aiming to maintain a portfolio modified duration to worst within 2.5 years of its benchmark. Up to 30% may be invested in high yield bonds, and up to 20% in foreign issuers. CPLB was launched on Jun 17, 2021 and is issued by New York Life Investments.