Cornerstone Advisory LLC Takes $645,000 Position in iShares New York Muni Bond ETF $NYF

Cornerstone Advisory LLC acquired a new position in iShares New York Muni Bond ETF (NYSEARCA:NYFFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 12,144 shares of the company’s stock, valued at approximately $645,000. Cornerstone Advisory LLC owned 0.05% of iShares New York Muni Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Revolve Wealth Partners LLC grew its position in iShares New York Muni Bond ETF by 5.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 22,891 shares of the company’s stock worth $1,218,000 after acquiring an additional 1,109 shares during the last quarter. Royal Bank of Canada lifted its position in iShares New York Muni Bond ETF by 40.0% in the first quarter. Royal Bank of Canada now owns 9,715 shares of the company’s stock valued at $512,000 after purchasing an additional 2,775 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares New York Muni Bond ETF by 29.8% during the second quarter. Raymond James Financial Inc. now owns 5,171 shares of the company’s stock valued at $270,000 after purchasing an additional 1,186 shares during the period. Jane Street Group LLC boosted its stake in shares of iShares New York Muni Bond ETF by 296.8% during the second quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after purchasing an additional 259,657 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of iShares New York Muni Bond ETF by 14.4% during the second quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock valued at $33,648,000 after purchasing an additional 81,191 shares during the period.

iShares New York Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA NYF opened at $53.55 on Thursday. iShares New York Muni Bond ETF has a 52 week low of $51.58 and a 52 week high of $54.52. The firm’s fifty day moving average is $53.58 and its 200 day moving average is $53.66.

iShares New York Muni Bond ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares New York Muni Bond ETF (NYSEARCA:NYF)

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