iShares New York Muni Bond ETF (NYSEARCA:NYF) Sees Strong Trading Volume – What’s Next?

iShares New York Muni Bond ETF (NYSEARCA:NYF) saw strong trading volume on Tuesday . 96,324 shares were traded during mid-day trading, a decline of 4% from the previous session’s volume of 100,099 shares.The stock last traded at $53.6350 and had previously closed at $53.62.

iShares New York Muni Bond ETF Stock Performance

The company’s 50-day simple moving average is $53.55 and its 200 day simple moving average is $52.61.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NYF. Coldstream Capital Management Inc. purchased a new position in shares of iShares New York Muni Bond ETF in the 3rd quarter worth about $202,000. Prosperity Consulting Group LLC bought a new position in shares of iShares New York Muni Bond ETF during the 3rd quarter valued at approximately $291,000. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares New York Muni Bond ETF by 16.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,962 shares of the company’s stock valued at $585,000 after acquiring an additional 1,511 shares during the period. Note Advisors LLC increased its stake in shares of iShares New York Muni Bond ETF by 42.8% during the 3rd quarter. Note Advisors LLC now owns 78,003 shares of the company’s stock worth $4,161,000 after purchasing an additional 23,375 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of iShares New York Muni Bond ETF by 13.7% in the 3rd quarter. Mariner LLC now owns 182,545 shares of the company’s stock worth $9,738,000 after purchasing an additional 22,032 shares during the period.

iShares New York Muni Bond ETF Company 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).