Elequin Capital LP Acquires 23,679 Shares of iShares New York Muni Bond ETF $NYF

Elequin Capital LP raised its holdings in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 481.7% in the third quarter, Holdings Channel reports. The institutional investor owned 28,595 shares of the company’s stock after buying an additional 23,679 shares during the quarter. Elequin Capital LP’s holdings in iShares New York Muni Bond ETF were worth $1,526,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Alliancebernstein L.P. grew its stake in shares of iShares New York Muni Bond ETF by 4.0% in the third quarter. Alliancebernstein L.P. now owns 92,466 shares of the company’s stock worth $4,933,000 after acquiring an additional 3,587 shares during the last quarter. Ameriprise Financial Inc. raised its stake in iShares New York Muni Bond ETF by 17.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 57,028 shares of the company’s stock valued at $3,041,000 after purchasing an additional 8,317 shares during the last quarter. Creative Planning raised its stake in iShares New York Muni Bond ETF by 0.7% during the 3rd quarter. Creative Planning now owns 68,714 shares of the company’s stock valued at $3,666,000 after purchasing an additional 488 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in iShares New York Muni Bond ETF by 98.4% in the 3rd quarter. Raymond James Financial Inc. now owns 10,258 shares of the company’s stock valued at $547,000 after purchasing an additional 5,087 shares during the period. Finally, Olde Wealth Management LLC bought a new stake in iShares New York Muni Bond ETF in the 3rd quarter valued at $219,000.

iShares New York Muni Bond ETF Stock Performance

NYSEARCA NYF opened at $53.59 on Friday. The company’s fifty day moving average is $53.94 and its two-hundred day moving average is $53.58. iShares New York Muni Bond ETF has a 52-week low of $50.04 and a 52-week high of $54.52.

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).