Hsbc Holdings PLC Boosts Stake in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Hsbc Holdings PLC lifted its holdings in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 74.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 485,356 shares of the company’s stock after buying an additional 206,375 shares during the period. Hsbc Holdings PLC owned approximately 3.72% of iShares New York Muni Bond ETF worth $25,913,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of NYF. Ndwm LLC purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter worth about $659,000. Bailard Inc. increased its stake in shares of iShares New York Muni Bond ETF by 47.8% during the 2nd quarter. Bailard Inc. now owns 30,234 shares of the company’s stock worth $1,614,000 after purchasing an additional 9,783 shares during the last quarter. J. W. Coons Advisors LLC bought a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter worth approximately $216,000. Hennion & Walsh Asset Management Inc. lifted its stake in iShares New York Muni Bond ETF by 162.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 21,701 shares of the company’s stock valued at $1,168,000 after purchasing an additional 13,420 shares during the last quarter. Finally, Avantax Advisory Services Inc. grew its holdings in iShares New York Muni Bond ETF by 7.2% during the first quarter. Avantax Advisory Services Inc. now owns 5,667 shares of the company’s stock valued at $305,000 after purchasing an additional 382 shares during the period.

iShares New York Muni Bond ETF Price Performance

NYSEARCA:NYF opened at $54.23 on Friday. iShares New York Muni Bond ETF has a 1 year low of $50.15 and a 1 year high of $54.37. The business has a fifty day simple moving average of $53.94 and a two-hundred day simple moving average of $53.59.

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).