Osaic Holdings Inc. Cuts Stake in iShares New York Muni Bond ETF $NYF

Osaic Holdings Inc. trimmed its position in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 38.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 52,781 shares of the company’s stock after selling 33,615 shares during the period. Osaic Holdings Inc. owned about 0.31% of iShares New York Muni Bond ETF worth $2,752,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Flow Traders U.S. LLC boosted its stake in shares of iShares New York Muni Bond ETF by 439.6% in the second quarter. Flow Traders U.S. LLC now owns 26,274 shares of the company’s stock worth $1,370,000 after acquiring an additional 21,405 shares during the last quarter. Keystone Global Partners LLC lifted its holdings in iShares New York Muni Bond ETF by 20.5% in the 2nd quarter. Keystone Global Partners LLC now owns 5,225 shares of the company’s stock valued at $272,000 after purchasing an additional 889 shares in the last quarter. Focus Partners Wealth lifted its holdings in iShares New York Muni Bond ETF by 16.6% in the 1st quarter. Focus Partners Wealth now owns 46,218 shares of the company’s stock valued at $2,433,000 after purchasing an additional 6,563 shares in the last quarter. Level Financial Advisors boosted its stake in iShares New York Muni Bond ETF by 11.6% during the 2nd quarter. Level Financial Advisors now owns 39,770 shares of the company’s stock worth $2,074,000 after purchasing an additional 4,133 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in shares of iShares New York Muni Bond ETF by 25.8% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 30,803 shares of the company’s stock worth $1,606,000 after buying an additional 6,311 shares in the last quarter.

iShares New York Muni Bond ETF Trading Down 0.1%

Shares of NYSEARCA NYF opened at $53.47 on Friday. The firm has a 50-day simple moving average of $53.60 and a 200-day simple moving average of $52.83. iShares New York Muni Bond ETF has a 52 week low of $50.04 and a 52 week high of $53.95.

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). 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).