Wedmont Private Capital Increases Stake in iShares New York Muni Bond ETF $NYF

Wedmont Private Capital grew its holdings in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 61.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,537 shares of the company’s stock after acquiring an additional 35,975 shares during the period. Wedmont Private Capital owned 0.36% of iShares New York Muni Bond ETF worth $5,071,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Root Financial Partners LLC increased its stake in shares of iShares New York Muni Bond ETF by 45.1% in the 1st quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock worth $59,000 after purchasing an additional 345 shares in the last quarter. CIBC Private Wealth Group LLC bought a new position in iShares New York Muni Bond ETF in the 4th quarter worth $188,000. Coldstream Capital Management Inc. purchased a new position in iShares New York Muni Bond ETF during the third quarter valued at $202,000. North Star Investment Management Corp. grew its holdings in iShares New York Muni Bond ETF by 92.7% during the first quarter. North Star Investment Management Corp. now owns 3,950 shares of the company’s stock valued at $210,000 after purchasing an additional 1,900 shares during the period. Finally, Chesley Taft & Associates LLC grew its holdings in iShares New York Muni Bond ETF by 9.8% during the second quarter. Chesley Taft & Associates LLC now owns 4,500 shares of the company’s stock valued at $243,000 after purchasing an additional 400 shares during the period.

iShares New York Muni Bond ETF Stock Performance

Shares of NYF opened at $52.07 on Monday. The business has a 50-day simple moving average of $53.09 and a two-hundred day simple moving average of $53.41. iShares New York Muni Bond ETF has a 52 week low of $52.03 and a 52 week high of $54.52.

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).