Godfrey Financial Associates Inc. Takes Position in iShares New York Muni Bond ETF $NYF

Godfrey Financial Associates Inc. purchased a new position in iShares New York Muni Bond ETF (NYSEARCA:NYF) in the fourth quarter, HoldingsChannel reports. The fund purchased 21,884 shares of the company’s stock, valued at approximately $1,171,000. iShares New York Muni Bond ETF makes up approximately 1.0% of Godfrey Financial Associates Inc.’s portfolio, making the stock its 17th largest holding.

Other institutional investors also recently bought and sold shares of the company. Compound Planning Inc. raised its stake in iShares New York Muni Bond ETF by 90.6% in the third quarter. Compound Planning Inc. now owns 32,538 shares of the company’s stock worth $1,736,000 after buying an additional 15,469 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in iShares New York Muni Bond ETF by 14.5% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 84,170 shares of the company’s stock worth $4,504,000 after buying an additional 10,656 shares in the last quarter. Legacy Edge Advisors LLC bought a new position in iShares New York Muni Bond ETF in the fourth quarter worth about $15,730,000. Fort Point Capital Partners LLC bought a new position in iShares New York Muni Bond ETF in the third quarter worth about $2,042,000. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new position in iShares New York Muni Bond ETF in the fourth quarter worth about $552,000.

iShares New York Muni Bond ETF Price Performance

NYF stock opened at $53.47 on Thursday. iShares New York Muni Bond ETF has a 1 year low of $51.58 and a 1 year high of $54.52. The firm has a 50-day moving average of $53.38 and a 200 day moving average of $53.62.

iShares New York Muni Bond ETF 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).