Independent Wealth Network Inc. Has $400,000 Stock Position in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Independent Wealth Network Inc. lessened its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 26.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,517 shares of the company’s stock after selling 2,745 shares during the quarter. Independent Wealth Network Inc. owned approximately 0.06% of iShares New York Muni Bond ETF worth $400,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NYF. Miracle Mile Advisors LLC grew its stake in shares of iShares New York Muni Bond ETF by 18.0% during the third quarter. Miracle Mile Advisors LLC now owns 294,642 shares of the company’s stock worth $16,008,000 after buying an additional 44,871 shares during the last quarter. Graypoint LLC bought a new stake in iShares New York Muni Bond ETF during the third quarter valued at $1,597,000. Klingman & Associates LLC boosted its position in iShares New York Muni Bond ETF by 10.6% during the third quarter. Klingman & Associates LLC now owns 196,898 shares of the company’s stock valued at $10,697,000 after acquiring an additional 18,937 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in shares of iShares New York Muni Bond ETF by 69.8% during the third 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 period. Finally, Astoria Strategic Wealth Inc. acquired a new position in shares of iShares New York Muni Bond ETF during the third quarter valued at about $671,000.

iShares New York Muni Bond ETF Trading Up 0.2 %

Shares of NYSEARCA NYF opened at $53.33 on Thursday. The firm’s 50-day moving average price is $53.52 and its 200-day moving average price is $53.74. iShares New York Muni Bond ETF has a 1-year low of $52.63 and a 1-year high of $54.40.

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).