New York Life Investment Management LLC Reduces Position in NYLI MacKay Core Plus Bond ETF $CPLB

New York Life Investment Management LLC decreased its position in shares of NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) by 0.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 12,797,602 shares of the company’s stock after selling 90,988 shares during the quarter. NYLI MacKay Core Plus Bond ETF accounts for 2.3% of New York Life Investment Management LLC’s investment portfolio, making the stock its 5th biggest holding. New York Life Investment Management LLC owned 0.90% of NYLI MacKay Core Plus Bond ETF worth $271,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CPLB. Jane Street Group LLC bought a new stake in NYLI MacKay Core Plus Bond ETF during the second quarter worth approximately $411,000. Envestnet Asset Management Inc. increased its holdings in shares of NYLI MacKay Core Plus Bond ETF by 13.4% in the third quarter. Envestnet Asset Management Inc. now owns 314,461 shares of the company’s stock valued at $6,724,000 after buying an additional 37,065 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of NYLI MacKay Core Plus Bond ETF in the third quarter valued at $74,000. Fortis Group Advisors LLC bought a new position in shares of NYLI MacKay Core Plus Bond ETF in the third quarter valued at $1,298,000. Finally, Citadel Advisors LLC increased its holdings in shares of NYLI MacKay Core Plus Bond ETF by 164.5% in the third quarter. Citadel Advisors LLC now owns 40,768 shares of the company’s stock valued at $872,000 after buying an additional 25,352 shares in the last quarter.

NYLI MacKay Core Plus Bond ETF Stock Down 0.2%

NYSEARCA CPLB opened at $20.90 on Friday. NYLI MacKay Core Plus Bond ETF has a 1 year low of $20.76 and a 1 year high of $21.65. The business’s fifty day moving average is $21.08 and its two-hundred day moving average is $21.23.

About NYLI MacKay Core Plus Bond ETF

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.