GAMMA Investing LLC Acquires Shares of 8,389 iShares New York Muni Bond ETF (NYSEARCA:NYF)

GAMMA Investing LLC acquired a new stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYFFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 8,389 shares of the company’s stock, valued at approximately $455,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Francis Financial Inc. purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter valued at approximately $3,414,000. Bell Investment Advisors Inc purchased a new stake in shares of iShares New York Muni Bond ETF in the third quarter worth approximately $426,000. UBS Group AG raised its holdings in shares of iShares New York Muni Bond ETF by 12.7% in the third quarter. UBS Group AG now owns 86,023 shares of the company’s stock worth $4,390,000 after buying an additional 9,691 shares during the period. Altfest L J & Co. Inc. raised its holdings in shares of iShares New York Muni Bond ETF by 1,925.8% in the fourth quarter. Altfest L J & Co. Inc. now owns 207,277 shares of the company’s stock worth $11,212,000 after buying an additional 197,045 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of iShares New York Muni Bond ETF by 52.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 6,898 shares of the company’s stock worth $373,000 after buying an additional 2,372 shares during the period.

iShares New York Muni Bond ETF Trading Down 0.2 %

Shares of NYSEARCA NYF traded down $0.09 during midday trading on Wednesday, hitting $53.15. The company’s stock had a trading volume of 8,313 shares, compared to its average volume of 62,873. The business’s 50 day moving average is $53.66 and its two-hundred day moving average is $53.11. iShares New York Muni Bond ETF has a 12-month low of $50.15 and a 12-month high of $54.32.

About iShares New York Muni Bond ETF

(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).

Further Reading

Want to see what other hedge funds are holding NYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares New York Muni Bond ETF (NYSEARCA:NYFFree Report).

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

Receive News & Ratings for iShares New York Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares New York Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.