Keudell Morrison Wealth Management Buys New Shares in NYLI MacKay Core Plus Bond ETF $CPLB

Keudell Morrison Wealth Management purchased a new position in NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,120 shares of the company’s stock, valued at approximately $533,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new position in shares of NYLI MacKay Core Plus Bond ETF during the 3rd quarter worth about $74,000. Jane Street Group LLC acquired a new position in NYLI MacKay Core Plus Bond ETF during the 2nd quarter worth approximately $411,000. Citadel Advisors LLC raised its stake in NYLI MacKay Core Plus Bond ETF by 164.5% during the 3rd 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 holdings in NYLI MacKay Core Plus Bond ETF by 63.2% in the third quarter. Prosperity Financial Group Inc. now owns 47,886 shares of the company’s stock worth $1,024,000 after acquiring an additional 18,549 shares in the last quarter. Finally, Fortis Group Advisors LLC acquired a new stake in NYLI MacKay Core Plus Bond ETF in the third quarter valued at approximately $1,298,000.

NYLI MacKay Core Plus Bond ETF Stock Up 0.1%

Shares of NYSEARCA:CPLB opened at $20.90 on Friday. NYLI MacKay Core Plus Bond ETF has a twelve month low of $20.70 and a twelve month high of $21.65. The stock’s 50 day moving average is $21.02 and its 200-day moving average is $21.21.

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.