Myecfo LLC Cuts Position in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Myecfo LLC reduced its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 1.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 134,320 shares of the company’s stock after selling 1,760 shares during the period. iShares New York Muni Bond ETF makes up about 3.9% of Myecfo LLC’s holdings, making the stock its 6th largest holding. Myecfo LLC’s holdings in iShares New York Muni Bond ETF were worth $7,149,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NYF. Private Advisor Group LLC grew its position in shares of iShares New York Muni Bond ETF by 14.1% during the second quarter. Private Advisor Group LLC now owns 16,936 shares of the company’s stock worth $904,000 after acquiring an additional 2,098 shares during the last quarter. Wealthspire Advisors LLC bought a new position in iShares New York Muni Bond ETF in the 2nd quarter worth about $543,000. Envestnet Asset Management Inc. increased its stake in shares of iShares New York Muni Bond ETF by 7.8% in the second quarter. Envestnet Asset Management Inc. now owns 169,259 shares of the company’s stock valued at $9,037,000 after purchasing an additional 12,301 shares during the period. Hsbc Holdings PLC increased its stake in shares of iShares New York Muni Bond ETF by 74.0% in the second quarter. Hsbc Holdings PLC now owns 485,356 shares of the company’s stock valued at $25,913,000 after purchasing an additional 206,375 shares during the period. Finally, Creative Planning raised its holdings in shares of iShares New York Muni Bond ETF by 13.4% during the second quarter. Creative Planning now owns 26,114 shares of the company’s stock valued at $1,394,000 after buying an additional 3,089 shares during the last quarter.

iShares New York Muni Bond ETF Price Performance

Shares of NYF stock opened at $52.79 on Tuesday. iShares New York Muni Bond ETF has a 12-month low of $52.70 and a 12-month high of $54.40. The business has a 50 day simple moving average of $53.56 and a 200 day simple moving average of $53.75.

iShares New York Muni Bond ETF 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).