Hennion & Walsh Asset Management Inc. increased its holdings in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF – Free Report) by 14.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,332 shares of the company’s stock after purchasing an additional 13,721 shares during the period. Hennion & Walsh Asset Management Inc. owned 0.43% of iShares New York Muni Bond ETF worth $5,894,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC raised its position in iShares New York Muni Bond ETF by 1,070.2% in the fourth quarter. Hsbc Holdings PLC now owns 323,084 shares of the company’s stock valued at $17,288,000 after purchasing an additional 295,475 shares during the period. Legacy Edge Advisors LLC purchased a new stake in shares of iShares New York Muni Bond ETF in the fourth quarter worth about $15,730,000. Jane Street Group LLC grew its stake in shares of iShares New York Muni Bond ETF by 296.8% in the second quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after buying an additional 259,657 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares New York Muni Bond ETF by 28.7% in the fourth quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock valued at $29,520,000 after buying an additional 123,158 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of iShares New York Muni Bond ETF by 12.9% during the 1st quarter. Bank of America Corp DE now owns 763,210 shares of the company’s stock valued at $40,542,000 after buying an additional 87,081 shares during the period.
iShares New York Muni Bond ETF Stock Performance
Shares of NYSEARCA:NYF opened at $53.08 on Monday. The business’s 50-day simple moving average is $53.48 and its 200 day simple moving average is $53.58. iShares New York Muni Bond ETF has a one year low of $51.93 and a one year high of $54.52.
iShares New York Muni Bond ETF 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).
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