HighTower Advisors LLC Acquires 46,216 Shares of iShares New York Muni Bond ETF $NYF

HighTower Advisors LLC boosted its holdings in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 12.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 428,521 shares of the company’s stock after purchasing an additional 46,216 shares during the period. HighTower Advisors LLC’s holdings in iShares New York Muni Bond ETF were worth $22,861,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NYF. Root Financial Partners LLC bought a new stake in shares of iShares New York Muni Bond ETF during the 3rd quarter worth $41,000. PNC Financial Services Group Inc. increased its holdings in iShares New York Muni Bond ETF by 5,711.8% during the second quarter. PNC Financial Services Group Inc. now owns 1,976 shares of the company’s stock worth $103,000 after buying an additional 1,942 shares during the last quarter. Centaurus Financial Inc. bought a new stake in iShares New York Muni Bond ETF in the second quarter worth about $169,000. Middleton & Co. Inc. MA purchased a new position in iShares New York Muni Bond ETF in the third quarter valued at about $203,000. Finally, Sequoia Financial Advisors LLC purchased a new position in iShares New York Muni Bond ETF in the third quarter valued at about $225,000.

iShares New York Muni Bond ETF Stock Performance

Shares of NYF stock opened at $54.18 on Thursday. The company has a 50 day moving average of $53.76 and a 200-day moving average of $53.35. iShares New York Muni Bond ETF has a 12-month low of $50.04 and a 12-month high of $54.22.

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).