iShares New York Muni Bond ETF (NYSEARCA:NYF) Sets New 12-Month Low – Here’s What Happened

Shares of iShares New York Muni Bond ETF (NYSEARCA:NYFGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $52.01 and last traded at $52.01, with a volume of 252989 shares traded. The stock had previously closed at $52.07.

iShares New York Muni Bond ETF Stock Down 0.1%

The business has a 50 day simple moving average of $53.01 and a 200 day simple moving average of $53.38.

Institutional Trading of iShares New York Muni Bond ETF

Institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC increased its stake in iShares New York Muni Bond ETF by 45.1% during the 1st quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock valued at $59,000 after purchasing an additional 345 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth $188,000. Coldstream Capital Management Inc. purchased a new stake in shares of iShares New York Muni Bond ETF during the third quarter valued at $202,000. North Star Investment Management Corp. grew its holdings in shares of iShares New York Muni Bond ETF by 92.7% during the first quarter. North Star Investment Management Corp. now owns 3,950 shares of the company’s stock valued at $210,000 after buying an additional 1,900 shares during the last quarter. Finally, Modera Wealth Management LLC acquired a new position in shares of iShares New York Muni Bond ETF in the 1st quarter valued at $242,000.

About iShares New York Muni Bond ETF

(Get 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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