iShares New York Muni Bond ETF (NYSEARCA:NYF) Sees Strong Trading Volume

Shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) saw an uptick in trading volume on Monday . 38,031 shares changed hands during trading, a decline of 32% from the previous session’s volume of 55,979 shares.The stock last traded at $54.25 and had previously closed at $54.19.

iShares New York Muni Bond ETF Stock Performance

The stock has a 50-day moving average price of $53.90 and a 200-day moving average price of $53.58.

Hedge Funds Weigh In On iShares New York Muni Bond ETF

Several institutional investors have recently made changes to their positions in the stock. New Century Financial Group LLC bought a new stake in iShares New York Muni Bond ETF during the 2nd quarter worth approximately $271,000. Cetera Investment Advisers grew its holdings in iShares New York Muni Bond ETF by 6.7% during the second quarter. Cetera Investment Advisers now owns 93,618 shares of the company’s stock worth $4,998,000 after buying an additional 5,844 shares in the last quarter. EP Wealth Advisors LLC raised its position in iShares New York Muni Bond ETF by 1.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 12,735 shares of the company’s stock valued at $680,000 after buying an additional 200 shares during the last quarter. Creative Planning lifted its stake in iShares New York Muni Bond ETF by 13.4% during the 2nd quarter. Creative Planning now owns 26,114 shares of the company’s stock valued at $1,394,000 after acquiring an additional 3,089 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in iShares New York Muni Bond ETF by 74.0% during the 2nd quarter. Hsbc Holdings PLC now owns 485,356 shares of the company’s stock valued at $25,913,000 after acquiring an additional 206,375 shares in the last quarter.

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).