iShares New York Muni Bond ETF (NYSEARCA:NYF – Get Free Report) saw an uptick in trading volume on Thursday. 747,321 shares traded hands during trading, an increase of 183% from the previous session’s volume of 263,815 shares. The stock last traded at $51.6140 and had previously closed at $51.21.
iShares New York Muni Bond ETF Stock Up 0.2%
The company’s 50 day moving average price is $51.53 and its two-hundred day moving average price is $52.78.
Institutional Trading of iShares New York Muni Bond ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Orange Investment Advisors Inc. purchased a new position in shares of iShares New York Muni Bond ETF during the 3rd quarter valued at about $470,000. Evanson Financial LLC grew its stake in shares of iShares New York Muni Bond ETF by 6.5% during the 3rd quarter. Evanson Financial LLC now owns 12,402 shares of the company’s stock valued at $627,000 after acquiring an additional 753 shares during the period. Citizens Financial Group Inc. RI bought a new position in shares of iShares New York Muni Bond ETF during the 3rd quarter valued at approximately $2,001,000. NBT Bank N.A. purchased a new stake in iShares New York Muni Bond ETF in the 3rd quarter worth approximately $4,828,000. Finally, Root Financial Partners LLC purchased a new stake in iShares New York Muni Bond ETF in the 3rd quarter worth approximately $321,000.
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).
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