James J. Burns & Company LLC decreased its position in iShares New York Muni Bond ETF (NYSEARCA:NYF – Free Report) by 21.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,029 shares of the company’s stock after selling 13,497 shares during the quarter. James J. Burns & Company LLC’s holdings in iShares New York Muni Bond ETF were worth $2,426,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in NYF. Bank of America Corp DE lifted its position in shares of iShares New York Muni Bond ETF by 12.9% during the first quarter. Bank of America Corp DE now owns 763,210 shares of the company’s stock valued at $40,542,000 after purchasing an additional 87,081 shares in the last quarter. Alesco Advisors LLC An ESL Co boosted its holdings in iShares New York Muni Bond ETF by 5.9% during the first quarter. Alesco Advisors LLC An ESL Co now owns 461,036 shares of the company’s stock worth $24,490,000 after purchasing an additional 25,582 shares during the last quarter. Hsbc Holdings PLC grew its position in iShares New York Muni Bond ETF by 3.6% in the 1st quarter. Hsbc Holdings PLC now owns 334,772 shares of the company’s stock worth $17,783,000 after purchasing an additional 11,688 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares New York Muni Bond ETF by 23.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 306,420 shares of the company’s stock worth $16,518,000 after purchasing an additional 57,690 shares in the last quarter. Finally, Klingman & Associates LLC grew its position in iShares New York Muni Bond ETF by 1.7% in the 1st quarter. Klingman & Associates LLC now owns 239,875 shares of the company’s stock worth $12,742,000 after purchasing an additional 4,119 shares in the last quarter.
iShares New York Muni Bond ETF Trading Up 0.2%
NYSEARCA:NYF traded up $0.08 on Friday, hitting $51.73. The stock had a trading volume of 473,245 shares, compared to its average volume of 266,561. iShares New York Muni Bond ETF has a 1 year low of $50.03 and a 1 year high of $54.52. The firm’s fifty day simple moving average is $51.53 and its two-hundred day simple moving average is $52.78.
About iShares New York Muni Bond ETF
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).
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