Advisor Group Inc. Purchases 3,709 Shares of iShares New York Muni Bond ETF (NYSEARCA:NYF)

Advisor Group Inc. increased its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 14.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,897 shares of the company’s stock after purchasing an additional 3,709 shares during the period. Advisor Group Inc. owned approximately 0.46% of iShares New York Muni Bond ETF worth $1,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp boosted its stake in iShares New York Muni Bond ETF by 34.4% during the third quarter. Bank of New York Mellon Corp now owns 11,264 shares of the company’s stock worth $612,000 after acquiring an additional 2,881 shares in the last quarter. Morgan Stanley boosted its stake in iShares New York Muni Bond ETF by 53.1% during the third quarter. Morgan Stanley now owns 120,050 shares of the company’s stock worth $6,526,000 after acquiring an additional 41,642 shares in the last quarter. Mirsky Financial Management CORP. bought a new stake in iShares New York Muni Bond ETF during the fourth quarter worth about $946,000. Tortoise Investment Management LLC boosted its stake in iShares New York Muni Bond ETF by 14.2% during the fourth quarter. Tortoise Investment Management LLC now owns 1,485 shares of the company’s stock worth $81,000 after acquiring an additional 185 shares in the last quarter. Finally, Condor Capital Management bought a new stake in iShares New York Muni Bond ETF during the fourth quarter worth about $258,000.

iShares New York Muni Bond ETF stock traded down $0.13 during trading hours on Monday, hitting $56.66. The stock had a trading volume of 21,396 shares, compared to its average volume of 26,238. iShares New York Muni Bond ETF has a 12-month low of $53.44 and a 12-month high of $56.82. The stock has a 50-day simple moving average of $56.59.

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were issued a $0.1104 dividend. The ex-dividend date was Monday, June 3rd. This is a boost from iShares New York Muni Bond ETF’s previous monthly dividend of $0.11. This represents a $1.33 annualized dividend and a yield of 2.34%.

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).

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Institutional Ownership by Quarter for iShares New York Muni Bond ETF (NYSEARCA:NYF)

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