NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 207,665 shares, a growth of 196.0% from the September 30th total of 70,159 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 245,813 shares, the days-to-cover ratio is currently 0.8 days.
NYLIM MacKay Core Plus Bond ETF Trading Up 0.1%
Shares of CPLB stock traded up $0.03 during trading hours on Thursday, hitting $20.32. 55,710 shares of the company were exchanged, compared to its average volume of 72,946. The firm has a fifty day moving average of $20.35 and a 200 day moving average of $20.86. NYLIM MacKay Core Plus Bond ETF has a 1 year low of $19.88 and a 1 year high of $21.53.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in NYLIM MacKay Core Plus Bond ETF stock. Envestnet Asset Management Inc. increased its holdings in shares of NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB – Free Report) by 14.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 490,739 shares of the company’s stock after purchasing an additional 62,716 shares during the quarter. Envestnet Asset Management Inc. owned 2.45% of NYLIM MacKay Core Plus Bond ETF worth $10,256,000 as of its most recent filing with the SEC.
NYLIM 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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