Sterling Investment Counsel LLC Grows Holdings in iShares New York Muni Bond ETF $NYF

Sterling Investment Counsel LLC increased its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 282.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 21,033 shares of the company’s stock after purchasing an additional 15,528 shares during the period. Sterling Investment Counsel LLC owned approximately 0.10% of iShares New York Muni Bond ETF worth $1,125,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. TIAA Trust National Association boosted its position in iShares New York Muni Bond ETF by 21.2% in the 3rd quarter. TIAA Trust National Association now owns 1,040,875 shares of the company’s stock valued at $55,531,000 after buying an additional 182,200 shares during the period. High Probability Advisors LLC increased its position in shares of iShares New York Muni Bond ETF by 5.4% in the 3rd quarter. High Probability Advisors LLC now owns 704,625 shares of the company’s stock valued at $37,592,000 after purchasing an additional 36,130 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares New York Muni Bond ETF by 14.4% in the 2nd quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock valued at $33,648,000 after acquiring an additional 81,191 shares during the last quarter. Facet Wealth Inc. grew its position in shares of iShares New York Muni Bond ETF by 14.0% in the 3rd quarter. Facet Wealth Inc. now owns 447,344 shares of the company’s stock valued at $23,866,000 after buying an additional 54,807 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in shares of iShares New York Muni Bond ETF by 12.1% during the third quarter. HighTower Advisors LLC now owns 428,521 shares of the company’s stock worth $22,861,000 after purchasing an additional 46,216 shares in the last quarter.

iShares New York Muni Bond ETF Price Performance

Shares of iShares New York Muni Bond ETF stock opened at $53.72 on Friday. iShares New York Muni Bond ETF has a 1 year low of $51.10 and a 1 year high of $54.52. The company’s fifty day moving average is $53.68 and its two-hundred day moving average is $53.65.

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).