Hsbc Holdings PLC Acquires 295,475 Shares of iShares New York Muni Bond ETF $NYF

Hsbc Holdings PLC boosted its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 1,070.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 323,084 shares of the company’s stock after buying an additional 295,475 shares during the period. Hsbc Holdings PLC owned 1.51% of iShares New York Muni Bond ETF worth $17,288,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of NYF. Legacy Edge Advisors LLC purchased a new position in shares of iShares New York Muni Bond ETF in the 4th quarter valued at $15,730,000. Jane Street Group LLC lifted its stake in shares of iShares New York Muni Bond ETF by 296.8% during the 2nd quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock worth $18,101,000 after purchasing an additional 259,657 shares during the last quarter. TIAA Trust National Association lifted its stake in shares of iShares New York Muni Bond ETF by 21.2% during the 3rd quarter. TIAA Trust National Association now owns 1,040,875 shares of the company’s stock worth $55,531,000 after purchasing an additional 182,200 shares during the last quarter. HighTower Advisors LLC boosted its position in iShares New York Muni Bond ETF by 28.7% during the fourth quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock valued at $29,520,000 after purchasing an additional 123,158 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares New York Muni Bond ETF by 91.2% during the fourth quarter. JPMorgan Chase & Co. now owns 174,912 shares of the company’s stock valued at $9,360,000 after purchasing an additional 83,431 shares in the last quarter.

iShares New York Muni Bond ETF Trading Up 0.1%

NYF opened at $53.83 on Friday. The business’s 50-day moving average is $53.55 and its two-hundred day moving average is $53.64. iShares New York Muni Bond ETF has a 1 year low of $51.58 and a 1 year high of $54.52.

iShares New York Muni Bond ETF 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).