Cetera Investment Advisers Has $8.85 Million Stake in iShares New York Muni Bond ETF $NYF

Cetera Investment Advisers lifted its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 8.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 166,549 shares of the company’s stock after buying an additional 12,462 shares during the period. Cetera Investment Advisers owned approximately 0.71% of iShares New York Muni Bond ETF worth $8,847,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Hsbc Holdings PLC increased its stake in iShares New York Muni Bond ETF by 1,070.2% during the 4th quarter. Hsbc Holdings PLC now owns 323,084 shares of the company’s stock worth $17,288,000 after acquiring an additional 295,475 shares during the period. Legacy Edge Advisors LLC acquired a new position in iShares New York Muni Bond ETF in the 4th quarter valued at $15,730,000. Jane Street Group LLC lifted its position in shares of iShares New York Muni Bond ETF by 296.8% during the 2nd quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after acquiring an additional 259,657 shares during the period. HighTower Advisors LLC lifted its position in shares of iShares New York Muni Bond ETF by 28.7% during the 4th quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock valued at $29,520,000 after acquiring an additional 123,158 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares New York Muni Bond ETF by 91.2% during the 4th quarter. JPMorgan Chase & Co. now owns 174,912 shares of the company’s stock worth $9,360,000 after purchasing an additional 83,431 shares in the last quarter.

iShares New York Muni Bond ETF Stock Performance

Shares of NYSEARCA NYF opened at $52.89 on Friday. iShares New York Muni Bond ETF has a 52 week low of $51.90 and a 52 week high of $54.52. The stock’s fifty day moving average is $53.53 and its 200 day moving average is $53.62.

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).