Hudson Valley Investment Advisors Inc. ADV Cuts Stake in iShares New York Muni Bond ETF $NYF

Hudson Valley Investment Advisors Inc. ADV reduced its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 3.5% during the second quarter, HoldingsChannel reports. The fund owned 9,700 shares of the company’s stock after selling 350 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares New York Muni Bond ETF were worth $506,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. TIAA Trust National Association grew its stake in shares of iShares New York Muni Bond ETF by 20.6% in the first quarter. TIAA Trust National Association now owns 988,759 shares of the company’s stock worth $52,058,000 after acquiring an additional 168,606 shares during the last quarter. High Probability Advisors LLC boosted its position in shares of iShares New York Muni Bond ETF by 5.1% during the second quarter. High Probability Advisors LLC now owns 668,495 shares of the company’s stock valued at $34,855,000 after buying an additional 32,362 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares New York Muni Bond ETF by 4.6% during the first quarter. HighTower Advisors LLC now owns 428,629 shares of the company’s stock valued at $22,567,000 after buying an additional 18,812 shares during the last quarter. RWA Wealth Partners LLC boosted its position in shares of iShares New York Muni Bond ETF by 2.8% during the first quarter. RWA Wealth Partners LLC now owns 350,162 shares of the company’s stock valued at $18,436,000 after buying an additional 9,442 shares during the last quarter. Finally, Satovsky Asset Management LLC purchased a new stake in shares of iShares New York Muni Bond ETF during the first quarter valued at $17,466,000.

iShares New York Muni Bond ETF Stock Up 0.0%

iShares New York Muni Bond ETF stock opened at $53.27 on Friday. iShares New York Muni Bond ETF has a one year low of $50.04 and a one year high of $54.30. The business’s fifty day moving average is $52.57 and its 200 day moving average is $52.21.

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).