TIAA Trust National Association Boosts Stake in iShares New York Muni Bond ETF $NYF

TIAA Trust National Association raised its holdings in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,097,570 shares of the company’s stock after buying an additional 56,695 shares during the quarter. TIAA Trust National Association owned about 5.13% of iShares New York Muni Bond ETF worth $58,731,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Compound Planning Inc. grew its position in iShares New York Muni Bond ETF by 90.6% during the third quarter. Compound Planning Inc. now owns 32,538 shares of the company’s stock worth $1,736,000 after buying an additional 15,469 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of iShares New York Muni Bond ETF by 14.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 84,170 shares of the company’s stock worth $4,504,000 after purchasing an additional 10,656 shares in the last quarter. Legacy Edge Advisors LLC purchased a new position in shares of iShares New York Muni Bond ETF in the 4th quarter worth about $15,730,000. Fort Point Capital Partners LLC purchased a new position in shares of iShares New York Muni Bond ETF in the 3rd quarter worth about $2,042,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of iShares New York Muni Bond ETF in the 4th quarter worth about $552,000.

iShares New York Muni Bond ETF Trading Up 0.1%

NYF opened at $53.61 on Tuesday. The stock has a 50-day moving average price of $53.44 and a 200-day moving average price of $53.62. iShares New York Muni Bond ETF has a 12-month low of $51.58 and a 12-month high of $54.52.

About iShares New York Muni Bond ETF

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).