Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF – Free Report) by 114.9% in the first quarter, HoldingsChannel reports. The firm owned 58,362 shares of the company’s stock after purchasing an additional 31,210 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares New York Muni Bond ETF were worth $3,100,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in NYF. Revolve Wealth Partners LLC boosted its position in iShares New York Muni Bond ETF by 5.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 22,891 shares of the company’s stock valued at $1,218,000 after buying an additional 1,109 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of iShares New York Muni Bond ETF by 40.0% during the first quarter. Royal Bank of Canada now owns 9,715 shares of the company’s stock worth $512,000 after buying an additional 2,775 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares New York Muni Bond ETF by 29.8% during the second quarter. Raymond James Financial Inc. now owns 5,171 shares of the company’s stock worth $270,000 after buying an additional 1,186 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares New York Muni Bond ETF by 296.8% in the second quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after acquiring an additional 259,657 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of iShares New York Muni Bond ETF by 14.4% in the second quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock valued at $33,648,000 after acquiring an additional 81,191 shares during the last quarter.
iShares New York Muni Bond ETF Price Performance
Shares of NYF opened at $53.87 on Monday. iShares New York Muni Bond ETF has a one year low of $51.58 and a one year high of $54.52. The business’s 50 day simple moving average is $53.56 and its 200-day simple moving average is $53.64.
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).
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