NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 29,546 shares, a decrease of 42.9% from the June 30th total of 51,708 shares. Based on an average daily volume of 82,481 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.
Institutional Trading of NYLI MacKay Core Plus Bond ETF
Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. acquired a new position in shares of NYLI MacKay Core Plus Bond ETF during the 3rd quarter valued at $74,000. Keudell Morrison Wealth Management grew its holdings in NYLI MacKay Core Plus Bond ETF by 17.0% in the first quarter. Keudell Morrison Wealth Management now owns 29,395 shares of the company’s stock worth $617,000 after purchasing an additional 4,275 shares during the period. Cetera Investment Advisers acquired a new stake in NYLI MacKay Core Plus Bond ETF in the first quarter worth $201,000. Fortis Group Advisors LLC increased its stake in NYLI MacKay Core Plus Bond ETF by 29.2% in the fourth quarter. Fortis Group Advisors LLC now owns 78,405 shares of the company’s stock valued at $1,663,000 after purchasing an additional 17,732 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in NYLI MacKay Core Plus Bond ETF by 103.6% in the fourth quarter. Jane Street Group LLC now owns 35,854 shares of the company’s stock valued at $761,000 after purchasing an additional 18,242 shares in the last quarter.
NYLI MacKay Core Plus Bond ETF Trading Up 0.1%
NYSEARCA CPLB traded up $0.02 during trading hours on Thursday, hitting $20.73. 18,771 shares of the company’s stock were exchanged, compared to its average volume of 49,855. The stock has a 50-day simple moving average of $20.88 and a 200 day simple moving average of $21.06. NYLI MacKay Core Plus Bond ETF has a 1-year low of $20.68 and a 1-year high of $21.65.
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.
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