iShares New York Muni Bond ETF $NYF Stock: Sterling Investment Counsel LLC Increases Position

Sterling Investment Counsel LLC lifted its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 456.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 40,839 shares of the company’s stock after buying an additional 33,501 shares during the quarter. Sterling Investment Counsel LLC’s holdings in iShares New York Muni Bond ETF were worth $2,063,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NYF. Root Financial Partners LLC boosted its holdings in iShares New York Muni Bond ETF by 45.1% in the 1st quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock worth $59,000 after acquiring an additional 345 shares during the period. North Star Investment Management Corp. raised its stake in shares of iShares New York Muni Bond ETF by 92.7% during the first quarter. North Star Investment Management Corp. now owns 3,950 shares of the company’s stock valued at $210,000 after purchasing an additional 1,900 shares during the period. Breakwater Capital Group purchased a new stake in shares of iShares New York Muni Bond ETF during the third quarter valued at approximately $208,000. Chesley Taft & Associates LLC lifted its position in shares of iShares New York Muni Bond ETF by 9.8% during the second quarter. Chesley Taft & Associates LLC now owns 4,500 shares of the company’s stock worth $243,000 after purchasing an additional 400 shares in the last quarter. Finally, Modera Wealth Management LLC acquired a new position in shares of iShares New York Muni Bond ETF during the first quarter worth $242,000.

iShares New York Muni Bond ETF Price Performance

Shares of NYF stock traded down $0.06 on Monday, hitting $51.18. The stock had a trading volume of 813,474 shares, compared to its average volume of 259,773. The stock’s 50 day moving average is $51.66 and its 200-day moving average is $52.83. 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).