Envestnet Asset Management Inc. Grows Stock Position in NYLI MacKay Core Plus Bond ETF $CPLB

Envestnet Asset Management Inc. increased its stake in shares of NYLI MacKay Core Plus Bond ETF (NYSEARCA:CPLB) by 13.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,461 shares of the company’s stock after purchasing an additional 37,065 shares during the quarter. Envestnet Asset Management Inc. owned 2.30% of NYLI MacKay Core Plus Bond ETF worth $6,724,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new position in shares of NYLI MacKay Core Plus Bond ETF in the 2nd quarter valued at about $57,000. World Investment Advisors acquired a new stake in NYLI MacKay Core Plus Bond ETF in the third quarter valued at approximately $359,000. Jane Street Group LLC purchased a new position in NYLI MacKay Core Plus Bond ETF in the second quarter worth approximately $411,000. Finally, New York Life Investment Management LLC acquired a new position in NYLI MacKay Core Plus Bond ETF during the 2nd quarter worth approximately $277,327,000.

NYLI MacKay Core Plus Bond ETF Price Performance

Shares of NYSEARCA:CPLB opened at $21.45 on Friday. NYLI MacKay Core Plus Bond ETF has a 52 week low of $20.48 and a 52 week high of $21.65. The company’s 50 day moving average is $21.29 and its two-hundred day moving average is $21.32.

About NYLI 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.