Magnus Financial Group LLC Buys 27,592 Shares of iShares New York Muni Bond ETF $NYF

Magnus Financial Group LLC boosted its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 83.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,720 shares of the company’s stock after buying an additional 27,592 shares during the period. Magnus Financial Group LLC owned approximately 0.33% of iShares New York Muni Bond ETF worth $3,239,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. High Probability Advisors LLC increased its holdings in shares of iShares New York Muni Bond ETF by 5.4% during the third quarter. High Probability Advisors LLC now owns 704,625 shares of the company’s stock valued at $37,592,000 after acquiring an additional 36,130 shares in the last quarter. Bank of America Corp DE boosted its stake in iShares New York Muni Bond ETF by 14.4% in the 2nd quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock worth $33,648,000 after purchasing an additional 81,191 shares in the last quarter. Facet Wealth Inc. increased its stake in iShares New York Muni Bond ETF by 5.8% during the 2nd quarter. Facet Wealth Inc. now owns 392,537 shares of the company’s stock valued at $20,400,000 after purchasing an additional 21,527 shares in the last quarter. RWA Wealth Partners LLC raised its holdings in iShares New York Muni Bond ETF by 0.9% in the second quarter. RWA Wealth Partners LLC now owns 353,480 shares of the company’s stock worth $18,430,000 after buying an additional 3,318 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of iShares New York Muni Bond ETF by 296.8% in the second quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock worth $18,101,000 after buying an additional 259,657 shares in the last quarter.

iShares New York Muni Bond ETF Trading Up 0.1%

NYSEARCA:NYF opened at $53.88 on Thursday. The company’s 50 day moving average price is $53.59 and its 200-day moving average price is $53.00. iShares New York Muni Bond ETF has a 52 week low of $50.04 and a 52 week high of $53.95.

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).