Miracle Mile Advisors LLC Increases Stock Position in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Miracle Mile Advisors LLC increased its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 6.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 313,317 shares of the company’s stock after purchasing an additional 18,675 shares during the period. Miracle Mile Advisors LLC owned 2.40% of iShares New York Muni Bond ETF worth $16,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NYF. Hsbc Holdings PLC increased its position in iShares New York Muni Bond ETF by 74.0% during the second quarter. Hsbc Holdings PLC now owns 485,356 shares of the company’s stock worth $25,913,000 after buying an additional 206,375 shares in the last quarter. Graypoint LLC acquired a new stake in shares of iShares New York Muni Bond ETF during the third quarter valued at $1,597,000. Klingman & Associates LLC increased its position in iShares New York Muni Bond ETF by 10.6% during the 3rd quarter. Klingman & Associates LLC now owns 196,898 shares of the company’s stock worth $10,697,000 after purchasing an additional 18,937 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in iShares New York Muni Bond ETF by 69.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 41,935 shares of the company’s stock valued at $2,278,000 after purchasing an additional 17,244 shares during the last quarter. Finally, Astoria Strategic Wealth Inc. purchased a new position in iShares New York Muni Bond ETF in the 3rd quarter valued at about $671,000.

iShares New York Muni Bond ETF Stock Performance

Shares of NYSEARCA NYF traded down $0.08 during midday trading on Monday, reaching $52.79. 134,629 shares of the stock were exchanged, compared to its average volume of 125,990. The stock has a 50 day moving average price of $53.57 and a 200-day moving average price of $53.76. iShares New York Muni Bond ETF has a 52-week low of $52.70 and a 52-week high of $54.40.

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).