Emergent Wealth Advisors LLC Buys 34,957 Shares of iShares New York Muni Bond ETF $NYF

Emergent Wealth Advisors LLC grew its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 693.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 40,001 shares of the company’s stock after buying an additional 34,957 shares during the quarter. iShares New York Muni Bond ETF comprises approximately 1.2% of Emergent Wealth Advisors LLC’s holdings, making the stock its 22nd largest holding. Emergent Wealth Advisors LLC’s holdings in iShares New York Muni Bond ETF were worth $2,140,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in NYF. Dakota Wealth Management bought a new position in shares of iShares New York Muni Bond ETF during the fourth quarter valued at about $443,000. Flagstar Advisors Inc. grew its stake in shares of iShares New York Muni Bond ETF by 3.5% in the fourth quarter. Flagstar Advisors Inc. now owns 9,386 shares of the company’s stock worth $502,000 after purchasing an additional 320 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd increased its holdings in iShares New York Muni Bond ETF by 50.6% during the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 18,087 shares of the company’s stock valued at $968,000 after purchasing an additional 6,077 shares during the period. Evanson Asset Management LLC purchased a new position in iShares New York Muni Bond ETF during the 4th quarter valued at about $250,000. Finally, Perennial Advisors LLC raised its position in iShares New York Muni Bond ETF by 7.0% during the 4th quarter. Perennial Advisors LLC now owns 26,870 shares of the company’s stock valued at $1,438,000 after purchasing an additional 1,765 shares during the last quarter.

iShares New York Muni Bond ETF Trading Up 0.0%

NYSEARCA NYF opened at $52.92 on Friday. iShares New York Muni Bond ETF has a fifty-two week low of $50.04 and a fifty-two week high of $54.52. The stock has a 50 day simple moving average of $53.82 and a two-hundred day simple moving average of $53.64.

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). The Underlying Index measures the performance of investment-grade, noncallable United States municipal bonds maturing in 2016. The Index includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from United States federal income taxes and the federal alternative minimum tax (AMT).