iShares New York Muni Bond ETF (NYSEARCA:NYF) Short Interest Down 36.7% in June

iShares New York Muni Bond ETF (NYSEARCA:NYF) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 43,334 shares, a decrease of 36.7% from the June 15th total of 68,415 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 139,060 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On iShares New York Muni Bond ETF

Large investors have recently added to or reduced their stakes in the company. TIAA Trust National Association boosted its holdings in shares of iShares New York Muni Bond ETF by 5.4% in the 4th quarter. TIAA Trust National Association now owns 1,097,570 shares of the company’s stock worth $58,731,000 after purchasing an additional 56,695 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of 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 buying an additional 87,081 shares in the last quarter. HighTower Advisors LLC lifted its position in iShares New York Muni Bond ETF by 28.7% in the 4th quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock worth $29,520,000 after buying an additional 123,158 shares during the last quarter. Facet Wealth Inc. lifted its position in iShares New York Muni Bond ETF by 13.5% in the 4th quarter. Facet Wealth Inc. now owns 507,764 shares of the company’s stock worth $27,343,000 after buying an additional 60,420 shares during the last quarter. Finally, Alesco Advisors LLC An ESL Co lifted its position in iShares New York Muni Bond ETF by 5.9% in the 1st quarter. Alesco Advisors LLC An ESL Co now owns 461,036 shares of the company’s stock worth $24,490,000 after buying an additional 25,582 shares during the last quarter.

iShares New York Muni Bond ETF Price Performance

NYSEARCA NYF opened at $53.45 on Friday. iShares New York Muni Bond ETF has a 52-week low of $51.58 and a 52-week high of $54.52. The company has a fifty day moving average of $53.57 and a 200-day moving average of $53.66.

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).