iShares New York Muni Bond ETF (NYSEARCA:NYF) Hits New 52-Week High – What’s Next?

iShares New York Muni Bond ETF (NYSEARCA:NYF)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.57 and last traded at $52.69, with a volume of 201 shares trading hands. The stock had previously closed at $52.61.

iShares New York Muni Bond ETF Stock Up 0.3 %

The firm’s fifty day moving average price is $53.26 and its 200 day moving average price is $53.53.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NYF. Stifel Financial Corp boosted its stake in shares of iShares New York Muni Bond ETF by 6.4% in the third quarter. Stifel Financial Corp now owns 14,075 shares of the company’s stock valued at $765,000 after purchasing an additional 847 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in iShares New York Muni Bond ETF by 40.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,009 shares of the company’s stock worth $1,413,000 after buying an additional 7,453 shares in the last quarter. GAMMA Investing LLC boosted its position in iShares New York Muni Bond ETF by 3.1% in the 4th quarter. GAMMA Investing LLC now owns 8,654 shares of the company’s stock valued at $461,000 after buying an additional 262 shares during the period. Avantax Advisory Services Inc. grew its stake in shares of iShares New York Muni Bond ETF by 21.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 7,145 shares of the company’s stock worth $380,000 after acquiring an additional 1,248 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares New York Muni Bond ETF by 30.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 63,018 shares of the company’s stock worth $3,354,000 after acquiring an additional 14,803 shares during the period.

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).