Chicago Partners Investment Group LLC Makes New $1.04 Million Investment in iShares New York Muni Bond ETF $NYF

Chicago Partners Investment Group LLC purchased a new stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 20,088 shares of the company’s stock, valued at approximately $1,039,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in iShares New York Muni Bond ETF by 12.9% during the 1st quarter. Bank of America Corp DE now owns 763,210 shares of the company’s stock valued at $40,542,000 after purchasing an additional 87,081 shares during the period. Alesco Advisors LLC An ESL Co raised its holdings in iShares New York Muni Bond ETF by 5.9% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 461,036 shares of the company’s stock worth $24,490,000 after purchasing an additional 25,582 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of iShares New York Muni Bond ETF by 3.6% in the 1st quarter. Hsbc Holdings PLC now owns 334,772 shares of the company’s stock worth $17,783,000 after purchasing an additional 11,688 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares New York Muni Bond ETF by 23.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 306,420 shares of the company’s stock worth $16,518,000 after purchasing an additional 57,690 shares during the period. Finally, Klingman & Associates LLC lifted its position in shares of iShares New York Muni Bond ETF by 1.7% in the 1st quarter. Klingman & Associates LLC now owns 239,875 shares of the company’s stock worth $12,742,000 after purchasing an additional 4,119 shares during the period.

iShares New York Muni Bond ETF Stock Up 0.1%

NYSEARCA:NYF opened at $52.57 on Tuesday. The firm’s fifty day moving average is $51.41 and its 200-day moving average is $52.98. iShares New York Muni Bond ETF has a 52 week low of $50.03 and a 52 week high of $54.52.

iShares New York Muni Bond ETF Company 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).