New York Life Investment Management LLC acquired a new stake in shares of NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,370,322 shares of the company’s stock, valued at approximately $267,540,000. NYLIM MacKay Core Plus Bond ETF makes up 1.8% of New York Life Investment Management LLC’s investment portfolio, making the stock its 10th biggest position. New York Life Investment Management LLC owned 0.55% of NYLIM MacKay Core Plus Bond ETF as of its most recent filing with the Securities & Exchange Commission.
Separately, Cetera Investment Advisers acquired a new position in shares of NYLIM MacKay Core Plus Bond ETF in the 1st quarter worth approximately $201,000.
NYLIM MacKay Core Plus Bond ETF Price Performance
Shares of CPLB opened at $20.23 on Wednesday. NYLIM MacKay Core Plus Bond ETF has a 1 year low of $19.88 and a 1 year high of $21.53. The stock has a 50 day simple moving average of $20.27 and a 200-day simple moving average of $20.82.
About NYLIM 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.
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