Park Avenue Securities LLC Makes New $641,000 Investment in iShares New York Muni Bond ETF $NYF

Park Avenue Securities LLC bought a new position in iShares New York Muni Bond ETF (NYSEARCA:NYF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 12,691 shares of the company’s stock, valued at approximately $641,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC boosted its holdings in shares of iShares New York Muni Bond ETF by 45.1% during the first quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock valued at $59,000 after acquiring an additional 345 shares during the period. Breakwater Capital Group acquired a new stake in shares of iShares New York Muni Bond ETF in the 3rd quarter worth about $208,000. Modera Wealth Management LLC acquired a new stake in shares of iShares New York Muni Bond ETF in the 1st quarter worth about $242,000. Chesley Taft & Associates LLC lifted its position in iShares New York Muni Bond ETF by 9.8% in the 2nd quarter. Chesley Taft & Associates LLC now owns 4,500 shares of the company’s stock valued at $243,000 after purchasing an additional 400 shares during the last quarter. Finally, XY Planning Network Inc. bought a new stake in iShares New York Muni Bond ETF in the 2nd quarter valued at about $251,000.

iShares New York Muni Bond ETF Stock Performance

Shares of NYSEARCA:NYF opened at $52.22 on Thursday. The firm’s 50 day moving average is $51.42 and its two-hundred day moving average is $53.00. 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).