iShares New York Muni Bond ETF $NYF Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 28.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 551,679 shares of the company’s stock after acquiring an additional 123,158 shares during the period. HighTower Advisors LLC owned 2.58% of iShares New York Muni Bond ETF worth $29,520,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Arrow Financial Corp increased its position in iShares New York Muni Bond ETF by 2.8% during the fourth quarter. Arrow Financial Corp now owns 88,471 shares of the company’s stock worth $4,734,000 after purchasing an additional 2,396 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares New York Muni Bond ETF by 245.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 37,889 shares of the company’s stock worth $2,027,000 after purchasing an additional 26,927 shares during the period. Astoria Strategic Wealth Inc. boosted its holdings in iShares New York Muni Bond ETF by 5.9% in the 4th quarter. Astoria Strategic Wealth Inc. now owns 30,660 shares of the company’s stock valued at $1,641,000 after purchasing an additional 1,707 shares during the last quarter. Allworth Financial LP boosted its holdings in iShares New York Muni Bond ETF by 29.3% in the 4th quarter. Allworth Financial LP now owns 21,826 shares of the company’s stock valued at $1,168,000 after purchasing an additional 4,952 shares during the last quarter. Finally, Bailard Inc. grew its stake in shares of iShares New York Muni Bond ETF by 51.6% in the 4th quarter. Bailard Inc. now owns 89,186 shares of the company’s stock valued at $4,772,000 after buying an additional 30,374 shares during the period.

iShares New York Muni Bond ETF Stock Performance

Shares of NYSEARCA NYF opened at $53.13 on Friday. The company has a 50 day simple moving average of $53.39 and a 200-day simple moving average of $53.63. iShares New York Muni Bond ETF has a 1 year low of $51.58 and a 1 year high of $54.52.

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).