NYLI MacKay Core Plus Bond ETF $CPLB Shares Sold by New York Life Investment Management LLC

New York Life Investment Management LLC reduced its stake in NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) by 0.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,797,602 shares of the company’s stock after selling 90,988 shares during the period. NYLI MacKay Core Plus Bond ETF accounts for about 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 about 90.12% of NYLI MacKay Core Plus Bond ETF worth $271,693,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CPLB. JPMorgan Chase & Co. acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the third quarter worth approximately $74,000. Jane Street Group LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the second quarter worth approximately $411,000. Citadel Advisors LLC boosted its position in shares of NYLI MacKay Core Plus Bond ETF by 164.5% during the third quarter. Citadel Advisors LLC now owns 40,768 shares of the company’s stock worth $872,000 after buying an additional 25,352 shares during the period. Prosperity Financial Group Inc. boosted its position in shares of NYLI MacKay Core Plus Bond ETF by 63.2% during the third quarter. Prosperity Financial Group Inc. now owns 47,886 shares of the company’s stock worth $1,024,000 after buying an additional 18,549 shares during the period. Finally, Fortis Group Advisors LLC acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the third quarter worth approximately $1,298,000.

NYLI MacKay Core Plus Bond ETF Trading Down 0.2%

Shares of NYSEARCA CPLB opened at $20.90 on Friday. The stock has a 50 day simple moving average of $21.08 and a 200-day simple moving average of $21.23. NYLI MacKay Core Plus Bond ETF has a 12-month low of $20.76 and a 12-month high of $21.65.

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.