Miracle Mile Advisors LLC Increases Stake in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Miracle Mile Advisors LLC increased its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 6.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 313,317 shares of the company’s stock after buying an additional 18,675 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares New York Muni Bond ETF were worth $16,675,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NYF. Cypress Financial Planning LLC purchased a new position in iShares New York Muni Bond ETF during the third quarter worth approximately $202,000. Lifeworks Advisors LLC purchased a new position in shares of iShares New York Muni Bond ETF in the 3rd quarter worth $212,000. New Century Financial Group LLC acquired a new position in iShares New York Muni Bond ETF in the second quarter valued at $271,000. Eagle Rock Investment Company LLC grew its position in iShares New York Muni Bond ETF by 50.0% during the third quarter. Eagle Rock Investment Company LLC now owns 6,000 shares of the company’s stock valued at $326,000 after acquiring an additional 2,000 shares during the period. Finally, Crestwood Advisors Group LLC increased its stake in iShares New York Muni Bond ETF by 77.5% during the third quarter. Crestwood Advisors Group LLC now owns 7,533 shares of the company’s stock worth $409,000 after acquiring an additional 3,289 shares during the last quarter.

iShares New York Muni Bond ETF Stock Performance

Shares of NYSEARCA NYF traded down $0.08 during midday trading on Monday, hitting $52.79. The stock had a trading volume of 134,629 shares, compared to its average volume of 125,990. iShares New York Muni Bond ETF has a 1-year low of $52.70 and a 1-year high of $54.40. The company has a fifty day moving average price of $53.57 and a 200 day moving average price of $53.76.

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).