iShares New York Muni Bond ETF $NYF Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 1,070.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 323,084 shares of the company’s stock after purchasing an additional 295,475 shares during the period. Hsbc Holdings PLC’s holdings in iShares New York Muni Bond ETF were worth $17,288,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. TIAA Trust National Association grew its stake in iShares New York Muni Bond ETF by 5.4% during the 4th quarter. TIAA Trust National Association now owns 1,097,570 shares of the company’s stock worth $58,731,000 after buying an additional 56,695 shares during the last quarter. Bank of America Corp DE raised its stake in iShares New York Muni Bond ETF by 14.4% in the second quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock valued at $33,648,000 after buying an additional 81,191 shares during the last quarter. HighTower Advisors LLC raised its stake in iShares New York Muni Bond ETF by 28.7% in the fourth quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock valued at $29,520,000 after buying an additional 123,158 shares during the last quarter. Facet Wealth Inc. boosted its holdings in iShares New York Muni Bond ETF by 13.5% in the fourth quarter. Facet Wealth Inc. now owns 507,764 shares of the company’s stock worth $27,343,000 after acquiring an additional 60,420 shares in the last quarter. Finally, Alesco Advisors LLC boosted its holdings in iShares New York Muni Bond ETF by 4.8% in the fourth quarter. Alesco Advisors LLC now owns 435,454 shares of the company’s stock worth $23,301,000 after acquiring an additional 19,989 shares in the last quarter.

iShares New York Muni Bond ETF Stock Performance

Shares of NYF stock opened at $53.83 on Friday. iShares New York Muni Bond ETF has a fifty-two week low of $51.58 and a fifty-two week high of $54.52. The stock’s 50-day simple moving average is $53.55 and its 200-day simple moving average is $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). 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).