New York Life Investment Management LLC Acquires 13,370,322 Shares of NYLIM MacKay Core Plus Bond ETF $CPLB

New York Life Investment Management LLC acquired a new position in NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,370,322 shares of the company’s stock, valued at approximately $267,540,000. NYLIM MacKay Core Plus Bond ETF comprises approximately 1.8% of New York Life Investment Management LLC’s portfolio, making the stock its 10th largest position. New York Life Investment Management LLC owned approximately 55.48% of NYLIM MacKay Core Plus Bond ETF at the end of the most recent reporting period.

Separately, Envestnet Asset Management Inc. boosted its holdings in NYLIM MacKay Core Plus Bond ETF by 14.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 490,739 shares of the company’s stock valued at $10,256,000 after purchasing an additional 62,716 shares during the period.

NYLIM MacKay Core Plus Bond ETF Stock Performance

NYSEARCA CPLB opened at $20.23 on Wednesday. The company’s fifty day moving average is $20.27 and its two-hundred day moving average is $20.82. NYLIM MacKay Core Plus Bond ETF has a 52-week low of $19.88 and a 52-week high of $21.53.

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.