NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 70,159 shares, an increase of 96.4% from the September 15th total of 35,717 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 55,010 shares, the short-interest ratio is presently 1.3 days.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new stake in NYLIM MacKay Core Plus Bond ETF during the 1st quarter worth approximately $201,000. Keudell Morrison Wealth Management increased its holdings in NYLIM MacKay Core Plus Bond ETF by 17.0% during the 1st quarter. Keudell Morrison Wealth Management now owns 29,395 shares of the company’s stock valued at $617,000 after purchasing an additional 4,275 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in NYLIM MacKay Core Plus Bond ETF by 14.7% during 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 in the last quarter.
NYLIM MacKay Core Plus Bond ETF Price Performance
NYLIM MacKay Core Plus Bond ETF stock traded up $0.04 during trading hours on Wednesday, hitting $20.11. 323,646 shares of the stock were exchanged, compared to its average volume of 65,114. NYLIM MacKay Core Plus Bond ETF has a 12 month low of $19.88 and a 12 month high of $21.60. The business’s 50-day moving average is $20.45 and its two-hundred day moving average is $20.76.
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.
See Also
- Five stocks we like better than NYLIM MacKay Core Plus Bond ETF
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for NYLIM MacKay Core Plus Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLIM MacKay Core Plus Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
