Francis Financial Inc. Increases Stake in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Francis Financial Inc. raised its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 60.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,542 shares of the company’s stock after purchasing an additional 38,428 shares during the period. iShares New York Muni Bond ETF accounts for approximately 1.8% of Francis Financial Inc.’s investment portfolio, making the stock its 13th largest holding. Francis Financial Inc.’s holdings in iShares New York Muni Bond ETF were worth $5,464,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Altfest L J & Co. Inc. grew its stake in shares of iShares New York Muni Bond ETF by 1,925.8% during the fourth quarter. Altfest L J & Co. Inc. now owns 207,277 shares of the company’s stock worth $11,212,000 after acquiring an additional 197,045 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth about $9,098,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth about $5,628,000. Durante & Waters LLC purchased a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth about $2,232,000. Finally, NewEdge Wealth LLC purchased a new stake in shares of iShares New York Muni Bond ETF during the fourth quarter worth about $1,925,000.

iShares New York Muni Bond ETF Stock Performance

Shares of NYF stock opened at $53.39 on Monday. iShares New York Muni Bond ETF has a fifty-two week low of $50.15 and a fifty-two week high of $54.32. The stock’s 50-day simple moving average is $53.28 and its 200-day simple moving average is $53.63.

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).