James J. Burns & Company LLC Grows Holdings in iShares New York Muni Bond ETF $NYF

James J. Burns & Company LLC lifted its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 36.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 72,276 shares of the company’s stock after purchasing an additional 19,280 shares during the quarter. James J. Burns & Company LLC’s holdings in iShares New York Muni Bond ETF were worth $3,839,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NYF. Stephen J. Garry & Associates LLC increased its holdings in iShares New York Muni Bond ETF by 15.8% in the 1st quarter. Stephen J. Garry & Associates LLC now owns 4,760 shares of the company’s stock valued at $253,000 after purchasing an additional 650 shares during the last quarter. Hsbc Holdings PLC lifted its stake in iShares New York Muni Bond ETF by 1,070.2% during the fourth quarter. Hsbc Holdings PLC now owns 323,084 shares of the company’s stock worth $17,288,000 after purchasing an additional 295,475 shares in the last quarter. DUTCH ASSET Corp acquired a new position in iShares New York Muni Bond ETF during the fourth quarter worth $326,000. Corient Private Wealth LLC boosted its position in shares of iShares New York Muni Bond ETF by 98.7% during the fourth quarter. Corient Private Wealth LLC now owns 25,567 shares of the company’s stock worth $1,368,000 after buying an additional 12,703 shares during the period. Finally, Compound Planning Inc. boosted its position in shares of iShares New York Muni Bond ETF by 9.4% during the fourth quarter. Compound Planning Inc. now owns 35,583 shares of the company’s stock worth $1,904,000 after buying an additional 3,045 shares during the period.

iShares New York Muni Bond ETF Price Performance

Shares of NYSEARCA NYF opened at $53.81 on Tuesday. iShares New York Muni Bond ETF has a twelve month low of $51.58 and a twelve month high of $54.52. The stock has a fifty day simple moving average of $53.54 and a 200-day simple moving average of $53.63.

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).