iShares New York Muni Bond ETF (NYSEARCA:NYF – Get Free Report) shares saw unusually-high trading volume on Tuesday. Approximately 814,767 shares were traded during trading, an increase of 289% from the previous session’s volume of 209,692 shares. The stock last traded at $50.1050 and had previously closed at $50.22.
iShares New York Muni Bond ETF Trading Down 0.3%
The firm’s 50-day moving average price is $52.35 and its two-hundred day moving average price is $53.10.
Institutional Investors Weigh In On iShares New York Muni Bond ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC boosted its stake in iShares New York Muni Bond ETF by 45.1% in the first quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock valued at $59,000 after acquiring an additional 345 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in shares of iShares New York Muni Bond ETF by 92.7% in the 1st quarter. North Star Investment Management Corp. now owns 3,950 shares of the company’s stock valued at $210,000 after purchasing an additional 1,900 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in shares of iShares New York Muni Bond ETF in the 1st quarter valued at about $242,000. Chesley Taft & Associates LLC boosted its position in shares of iShares New York Muni Bond ETF by 9.8% in the 2nd quarter. Chesley Taft & Associates LLC now owns 4,500 shares of the company’s stock valued at $243,000 after purchasing an additional 400 shares during the period. Finally, Nemes Rush Group LLC grew its stake in iShares New York Muni Bond ETF by 10.8% during the 4th quarter. Nemes Rush Group LLC now owns 4,656 shares of the company’s stock worth $249,000 after buying an additional 454 shares during the last quarter.
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). The Underlying Index measures the performance of investment-grade, noncallable United States municipal bonds maturing in 2016. The Index includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from United States federal income taxes and the federal alternative minimum tax (AMT).
Read More
- Five stocks we like better than iShares New York Muni Bond ETF
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
- CoreWeave Comes With Risks: Analysts Split on What Matters Most
- Bottlenecking the Future: TSMC Prices Out the Competition
- Fervo Energy Hits Geothermal Milestone: Will It Matter For The Stock?
Receive News & Ratings for iShares New York Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares New York Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
