HighTower Advisors LLC Trims Stock Holdings in iShares New York Muni Bond ETF (NYSEARCA:NYF)

HighTower Advisors LLC trimmed its holdings in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 409,817 shares of the company’s stock after selling 7,644 shares during the period. HighTower Advisors LLC’s holdings in iShares New York Muni Bond ETF were worth $21,810,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Flagstar Advisors Inc. increased its holdings in iShares New York Muni Bond ETF by 1.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 13,840 shares of the company’s stock worth $752,000 after purchasing an additional 231 shares during the period. Bell Investment Advisors Inc increased its holdings in shares of iShares New York Muni Bond ETF by 2.7% in the 4th quarter. Bell Investment Advisors Inc now owns 8,819 shares of the company’s stock valued at $469,000 after acquiring an additional 235 shares during the period. Wealth Alliance increased its holdings in shares of iShares New York Muni Bond ETF by 4.0% in the 4th quarter. Wealth Alliance now owns 6,138 shares of the company’s stock valued at $327,000 after acquiring an additional 236 shares during the period. GAMMA Investing LLC boosted its position in shares of iShares New York Muni Bond ETF by 3.1% in the 4th quarter. GAMMA Investing LLC now owns 8,654 shares of the company’s stock worth $461,000 after purchasing an additional 262 shares in the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its position in shares of iShares New York Muni Bond ETF by 3.6% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 9,284 shares of the company’s stock worth $494,000 after purchasing an additional 325 shares in the last quarter.

iShares New York Muni Bond ETF Price Performance

iShares New York Muni Bond ETF stock opened at $52.88 on Friday. iShares New York Muni Bond ETF has a 1-year low of $52.63 and a 1-year high of $54.40. The business has a fifty day moving average price of $53.33 and a 200-day moving average price of $53.64.

About iShares New York Muni Bond ETF

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).