iShares New York Muni Bond ETF (NYSEARCA:NYF) Sets New 12-Month High – Here’s What Happened

Shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) hit a new 52-week high during trading on Wednesday . The stock traded as high as $54.64 and last traded at $54.64, with a volume of 500 shares trading hands. The stock had previously closed at $53.58.

iShares New York Muni Bond ETF Stock Performance

The company’s 50-day moving average price is $53.69 and its 200 day moving average price is $53.64.

Institutional Trading of iShares New York Muni Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. raised its position in shares of iShares New York Muni Bond ETF by 0.4% during the 4th quarter. Osaic Holdings Inc. now owns 51,035 shares of the company’s stock valued at $2,731,000 after purchasing an additional 188 shares during the period. Conrad Siegel Investment Advisors Inc. raised its position in shares of iShares New York Muni Bond ETF by 0.9% during the 3rd quarter. Conrad Siegel Investment Advisors Inc. now owns 24,657 shares of the company’s stock valued at $1,315,000 after purchasing an additional 219 shares during the period. Manhattan West Asset Management LLC raised its position in shares of iShares New York Muni Bond ETF by 5.0% during the 4th quarter. Manhattan West Asset Management LLC now owns 5,071 shares of the company’s stock valued at $271,000 after purchasing an additional 242 shares during the period. Carnegie Investment Counsel raised its position in shares of iShares New York Muni Bond ETF by 0.5% during the 4th quarter. Carnegie Investment Counsel now owns 54,054 shares of the company’s stock valued at $2,892,000 after purchasing an additional 260 shares during the period. Finally, Nemes Rush Group LLC raised its position in shares of iShares New York Muni Bond ETF by 6.9% during the 3rd quarter. Nemes Rush Group LLC now owns 4,202 shares of the company’s stock valued at $224,000 after purchasing an additional 272 shares during the period.

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).