Envestnet Asset Management Inc. Increases Holdings in NYLI MacKay Core Plus Bond ETF $CPLB

Envestnet Asset Management Inc. grew its holdings in NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) by 13.4% during the third quarter, HoldingsChannel reports. The fund owned 314,461 shares of the company’s stock after purchasing an additional 37,065 shares during the period. Envestnet Asset Management Inc.’s holdings in NYLI MacKay Core Plus Bond ETF were worth $6,724,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. New York Life Investment Management LLC purchased a new stake in NYLI MacKay Core Plus Bond ETF during the second quarter worth approximately $277,327,000. Steward Partners Investment Advisory LLC acquired a new stake in NYLI MacKay Core Plus Bond ETF during the second quarter worth approximately $57,000. Jane Street Group LLC acquired a new stake in NYLI MacKay Core Plus Bond ETF during the second quarter worth approximately $411,000. Finally, World Investment Advisors purchased a new stake in shares of NYLI MacKay Core Plus Bond ETF during the 3rd quarter worth approximately $359,000.

NYLI MacKay Core Plus Bond ETF Stock Performance

Shares of NYLI MacKay Core Plus Bond ETF stock opened at $21.45 on Friday. The company has a fifty day simple moving average of $21.29 and a 200-day simple moving average of $21.32. NYLI MacKay Core Plus Bond ETF has a 12-month low of $20.48 and a 12-month high of $21.65.

NYLI MacKay Core Plus Bond ETF 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.