NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB) Stock Short Interest Report for October

NYLIM MacKay Core Plus Bond ETF (NYSEARCA:CPLB) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 20,641 shares, a drop of 90.1% from the October 15th total of 207,665 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 201,831 shares, the days-to-cover ratio is currently 0.1 days.

NYLIM MacKay Core Plus Bond ETF Stock Down 0.3%

CPLB traded down $0.07 on Thursday, reaching $20.16. The stock had a trading volume of 70,473 shares, compared to its average volume of 81,826. The business’s 50-day moving average price is $20.26 and its two-hundred day moving average price is $20.81. NYLIM MacKay Core Plus Bond ETF has a 12-month low of $19.88 and a 12-month high of $21.53.

Institutional Investors Weigh In On NYLIM MacKay Core Plus Bond ETF

A number of institutional investors have recently modified their holdings of CPLB. Cetera Investment Advisers acquired a new position in NYLIM MacKay Core Plus Bond ETF in the 1st quarter worth about $201,000. Envestnet Asset Management Inc. boosted its position in NYLIM MacKay Core Plus Bond ETF by 14.7% during the second quarter. Envestnet Asset Management Inc. now owns 490,739 shares of the company’s stock worth $10,256,000 after purchasing an additional 62,716 shares in the last quarter. Finally, New York Life Investment Management LLC purchased a new position in NYLIM MacKay Core Plus Bond ETF during the third quarter worth approximately $267,540,000.

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.