Hennion & Walsh Asset Management Inc. Has $4.50 Million Stock Position in iShares New York Muni Bond ETF $NYF

Hennion & Walsh Asset Management Inc. increased its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 14.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,170 shares of the company’s stock after purchasing an additional 10,656 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.42% of iShares New York Muni Bond ETF worth $4,504,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of NYF. LVW Advisors LLC acquired a new position in shares of iShares New York Muni Bond ETF in the fourth quarter worth about $202,000. Emergent Wealth Advisors LLC increased its position in shares of iShares New York Muni Bond ETF by 693.0% in the fourth quarter. Emergent Wealth Advisors LLC now owns 40,001 shares of the company’s stock worth $2,140,000 after acquiring an additional 34,957 shares in the last quarter. Dakota Wealth Management acquired a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter valued at approximately $443,000. Flagstar Advisors Inc. raised its holdings in shares of iShares New York Muni Bond ETF by 3.5% during the fourth quarter. Flagstar Advisors Inc. now owns 9,386 shares of the company’s stock valued at $502,000 after acquiring an additional 320 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd lifted its position in shares of iShares New York Muni Bond ETF by 50.6% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 18,087 shares of the company’s stock valued at $968,000 after acquiring an additional 6,077 shares in the last quarter.

iShares New York Muni Bond ETF Stock Up 0.2%

iShares New York Muni Bond ETF stock opened at $53.03 on Tuesday. The company has a 50 day moving average price of $53.80 and a 200 day moving average price of $53.65. iShares New York Muni Bond ETF has a 52 week low of $50.04 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).