Hudson Valley Investment Advisors Inc. ADV Grows Stock Position in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 8.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,050 shares of the company’s stock after buying an additional 850 shares during the quarter. Hudson Valley Investment Advisors Inc. ADV’s holdings in iShares New York Muni Bond ETF were worth $600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NYF. Lynx Investment Advisory purchased a new stake in iShares New York Muni Bond ETF in the second quarter worth $148,000. Cypress Financial Planning LLC purchased a new stake in iShares New York Muni Bond ETF in the third quarter worth $202,000. Massmutual Trust Co. FSB ADV purchased a new stake in iShares New York Muni Bond ETF in the second quarter worth $214,000. Cetera Advisors LLC purchased a new stake in iShares New York Muni Bond ETF in the first quarter worth $220,000. Finally, New Century Financial Group LLC purchased a new stake in iShares New York Muni Bond ETF in the second quarter worth $271,000.

iShares New York Muni Bond ETF Trading Up 0.1 %

NYF stock opened at $53.52 on Thursday. iShares New York Muni Bond ETF has a twelve month low of $50.20 and a twelve month high of $54.40. The business’s fifty day simple moving average is $54.01 and its two-hundred day simple moving average is $53.64.

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).