New York Life Investment Management LLC decreased its holdings in the NYLI Mackay Securitized Income ETF (NYSEARCA: SECR) by 0.7% in the third quarter. The firm sold 31,198 shares, leaving it with a total of 4,697,733 shares valued at approximately $122.99 million.
This adjustment was reported in the company’s latest filing with the U.S. Securities and Exchange Commission (SEC).
**Why this matters**
Changes in holdings by major investment firms like New York Life Investment Management can signal shifts in market sentiment or portfolio strategy. Monitoring these movements helps investors understand institutional confidence and potential impacts on the ETF’s performance.
Source: NewsData