Bailard Inc. Purchases 30,374 Shares of iShares New York Muni Bond ETF $NYF

Bailard Inc. boosted its position in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 51.6% during the fourth quarter, Holdings Channel reports. The fund owned 89,186 shares of the company’s stock after acquiring an additional 30,374 shares during the period. Bailard Inc.’s holdings in iShares New York Muni Bond ETF were worth $4,772,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in iShares New York Muni Bond ETF during the third quarter valued at about $41,000. WealthShield Partners LLC purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter valued at about $90,000. Quadrant Private Wealth Management LLC purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter valued at about $201,000. LVW Advisors LLC purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter valued at about $202,000. Finally, Coldstream Capital Management Inc. purchased a new stake in iShares New York Muni Bond ETF during the third quarter valued at about $202,000.

iShares New York Muni Bond ETF Price Performance

NYSEARCA NYF opened at $53.46 on Wednesday. iShares New York Muni Bond ETF has a 1 year low of $51.58 and a 1 year high of $54.52. The business’s 50-day moving average is $53.51 and its 200 day moving average is $53.66.

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). 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).