Whitegate Investment Counselors Inc. Reduces Stake in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Whitegate Investment Counselors Inc. cut its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 125,210 shares of the company’s stock after selling 3,670 shares during the period. iShares New York Muni Bond ETF accounts for about 2.1% of Whitegate Investment Counselors Inc.’s portfolio, making the stock its 18th biggest position. Whitegate Investment Counselors Inc. owned about 1.15% of iShares New York Muni Bond ETF worth $6,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its position in iShares New York Muni Bond ETF by 91.9% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 22,120 shares of the company’s stock worth $1,129,000 after buying an additional 10,595 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of iShares New York Muni Bond ETF in the 3rd quarter worth about $231,000. Bank of New York Mellon Corp boosted its stake in shares of iShares New York Muni Bond ETF by 3.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 29,879 shares of the company’s stock worth $1,525,000 after purchasing an additional 890 shares during the period. Bailard Inc. grew its holdings in iShares New York Muni Bond ETF by 164.6% during the 3rd quarter. Bailard Inc. now owns 37,482 shares of the company’s stock valued at $1,913,000 after purchasing an additional 23,315 shares during the last quarter. Finally, WealthShield Partners LLC raised its position in iShares New York Muni Bond ETF by 64.1% in the 3rd quarter. WealthShield Partners LLC now owns 2,205 shares of the company’s stock worth $113,000 after purchasing an additional 861 shares during the period.

iShares New York Muni Bond ETF Trading Up 0.2 %

Shares of NYF traded up $0.09 during mid-day trading on Friday, reaching $53.23. 97,481 shares of the company’s stock traded hands, compared to its average volume of 62,287. iShares New York Muni Bond ETF has a 12 month low of $50.15 and a 12 month high of $54.32. The stock’s 50-day moving average is $53.54 and its two-hundred day moving average is $53.22.

iShares New York Muni Bond ETF Profile

iShares New York AMT-Free Muni Bond ETF, formerly iShares S&P New York AMT-Free Municipal Bond Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P AMT-Free Municipal Series 2016 IndexTM (the Index).