Alesco Advisors LLC Has $22.17 Million Position in iShares New York Muni Bond ETF $NYF

Alesco Advisors LLC increased its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 42.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 415,465 shares of the company’s stock after purchasing an additional 122,915 shares during the quarter. iShares New York Muni Bond ETF makes up about 0.6% of Alesco Advisors LLC’s portfolio, making the stock its 20th largest holding. Alesco Advisors LLC owned about 2.28% of iShares New York Muni Bond ETF worth $22,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its stake in shares of iShares New York Muni Bond ETF by 439.6% in the 2nd quarter. Flow Traders U.S. LLC now owns 26,274 shares of the company’s stock valued at $1,370,000 after acquiring an additional 21,405 shares during the last quarter. Commonwealth Equity Services LLC raised its position in iShares New York Muni Bond ETF by 31.4% in the third quarter. Commonwealth Equity Services LLC now owns 112,440 shares of the company’s stock valued at $5,999,000 after purchasing an additional 26,874 shares during the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of iShares New York Muni Bond ETF during the third quarter valued at about $590,000. Keystone Global Partners LLC grew its holdings in shares of iShares New York Muni Bond ETF by 20.5% during the second quarter. Keystone Global Partners LLC now owns 5,225 shares of the company’s stock worth $272,000 after purchasing an additional 889 shares during the last quarter. Finally, Retirement Planning Group LLC acquired a new position in shares of iShares New York Muni Bond ETF in the third quarter valued at approximately $3,636,000.

iShares New York Muni Bond ETF Trading Down 0.1%

NYSEARCA:NYF opened at $53.86 on Friday. iShares New York Muni Bond ETF has a one year low of $50.04 and a one year high of $53.95. The firm’s 50 day simple moving average is $53.60 and its 200 day simple moving average is $53.02.

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).