Sterling Investment Counsel LLC Increases Stake in iShares New York Muni Bond ETF $NYF

Sterling Investment Counsel LLC grew its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 282.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 21,033 shares of the company’s stock after buying an additional 15,528 shares during the quarter. Sterling Investment Counsel LLC’s holdings in iShares New York Muni Bond ETF were worth $1,125,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC purchased a new position in iShares New York Muni Bond ETF in the third quarter valued at about $41,000. Quadrant Private Wealth Management LLC acquired a new position in iShares New York Muni Bond ETF in the fourth quarter worth about $201,000. LVW Advisors LLC acquired a new position in shares of iShares New York Muni Bond ETF in the 4th quarter worth approximately $202,000. Coldstream Capital Management Inc. bought a new position in iShares New York Muni Bond ETF during the third quarter worth $202,000. Finally, Middleton & Co. Inc. MA bought a new position in iShares New York Muni Bond ETF during the third quarter worth $203,000.

iShares New York Muni Bond ETF Trading Up 0.3%

NYF stock opened at $53.72 on Friday. iShares New York Muni Bond ETF has a 1-year low of $51.10 and a 1-year high of $54.52. The firm has a fifty day moving average price of $53.68 and a two-hundred day moving average price of $53.65.

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).