Hsbc Holdings PLC Has $17.29 Million Stake in iShares New York Muni Bond ETF $NYF

Hsbc Holdings PLC increased its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 1,070.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 323,084 shares of the company’s stock after purchasing an additional 295,475 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares New York Muni Bond ETF were worth $17,288,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. DUTCH ASSET Corp bought a new position in iShares New York Muni Bond ETF in the 4th quarter worth approximately $326,000. Corient Private Wealth LLC boosted its position in iShares New York Muni Bond ETF by 98.7% in the 4th quarter. Corient Private Wealth LLC now owns 25,567 shares of the company’s stock valued at $1,368,000 after buying an additional 12,703 shares during the last quarter. Compound Planning Inc. increased its stake in shares of iShares New York Muni Bond ETF by 9.4% in the 4th quarter. Compound Planning Inc. now owns 35,583 shares of the company’s stock valued at $1,904,000 after buying an additional 3,045 shares during the period. Note Advisors LLC increased its stake in shares of iShares New York Muni Bond ETF by 21.3% in the 4th quarter. Note Advisors LLC now owns 94,604 shares of the company’s stock valued at $5,085,000 after buying an additional 16,601 shares during the period. Finally, EP Wealth Advisors LLC bought a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth $500,000.

iShares New York Muni Bond ETF Stock Down 0.2%

Shares of NYF opened at $53.73 on Wednesday. iShares New York Muni Bond ETF has a 12-month low of $51.58 and a 12-month high of $54.52. The stock’s fifty day simple moving average is $53.58 and its 200-day simple moving average is $53.66.

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). 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).