Legacy Edge Advisors LLC Invests $15.73 Million in iShares New York Muni Bond ETF $NYF

Legacy Edge Advisors LLC bought a new position in iShares New York Muni Bond ETF (NYSEARCA:NYF) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 293,971 shares of the company’s stock, valued at approximately $15,730,000. iShares New York Muni Bond ETF accounts for 1.7% of Legacy Edge Advisors LLC’s holdings, making the stock its 16th largest holding. Legacy Edge Advisors LLC owned approximately 1.37% of iShares New York Muni Bond ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC acquired a new position in shares of iShares New York Muni Bond ETF in the third quarter worth about $41,000. Quadrant Private Wealth Management LLC acquired a new position in shares of iShares New York Muni Bond ETF in the fourth quarter worth about $201,000. LVW Advisors LLC acquired a new position in shares of iShares New York Muni Bond ETF in the fourth quarter worth about $202,000. Coldstream Capital Management Inc. acquired a new position in shares of iShares New York Muni Bond ETF in the third quarter worth about $202,000. Finally, Middleton & Co. Inc. MA acquired a new position in shares of iShares New York Muni Bond ETF in the third quarter worth about $203,000.

iShares New York Muni Bond ETF Trading Down 0.3%

NYSEARCA:NYF opened at $53.47 on Friday. iShares New York Muni Bond ETF has a one year low of $51.58 and a one year high of $54.52. The business’s 50-day simple moving average is $53.61 and its 200 day simple moving average is $53.67.

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).