Capital Square LLC Makes New $2.64 Million Investment in iShares New York Muni Bond ETF $NYF

Capital Square LLC acquired a new position in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) during the 2nd quarter, Holdings Channel reports. The fund acquired 57,772 shares of the company’s stock, valued at approximately $2,642,000. iShares New York Muni Bond ETF accounts for about 1.2% of Capital Square LLC’s portfolio, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in NYF. Root Financial Partners LLC lifted its position in iShares New York Muni Bond ETF by 45.1% during the first quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock worth $59,000 after buying an additional 345 shares during the period. WealthShield Partners LLC purchased a new stake in iShares New York Muni Bond ETF in the 4th quarter valued at about $90,000. CIBC Private Wealth Group LLC acquired a new position in shares of iShares New York Muni Bond ETF during the 4th quarter valued at about $188,000. Coldstream Capital Management Inc. purchased a new position in shares of iShares New York Muni Bond ETF during the 3rd quarter worth about $202,000. Finally, North Star Investment Management Corp. lifted its holdings in shares of iShares New York Muni Bond ETF by 92.7% during the 1st quarter. North Star Investment Management Corp. now owns 3,950 shares of the company’s stock worth $210,000 after acquiring an additional 1,900 shares during the period.

iShares New York Muni Bond ETF Stock Performance

iShares New York Muni Bond ETF stock opened at $52.78 on Monday. iShares New York Muni Bond ETF has a 1 year low of $51.93 and a 1 year high of $54.52. The firm has a 50 day moving average price of $53.34 and a 200 day moving average price of $53.52.

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).