Betterment LLC Trims Holdings in iShares New York Muni Bond ETF $NYF

Betterment LLC lowered its holdings in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 9.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,701 shares of the company’s stock after selling 15,663 shares during the period. Betterment LLC owned 0.82% of iShares New York Muni Bond ETF worth $8,040,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of NYF. Jane Street Group LLC grew its stake in shares of iShares New York Muni Bond ETF by 296.8% in the 2nd quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock valued at $18,101,000 after purchasing an additional 259,657 shares during the last quarter. TIAA Trust National Association raised its stake in shares of iShares New York Muni Bond ETF by 21.2% during the third 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. Alesco Advisors LLC lifted its holdings in shares of iShares New York Muni Bond ETF by 42.0% during the third quarter. Alesco Advisors LLC now owns 415,465 shares of the company’s stock worth $22,165,000 after purchasing an additional 122,915 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares New York Muni Bond ETF by 14.4% during the second quarter. Bank of America Corp DE now owns 645,341 shares of the company’s stock worth $33,648,000 after purchasing an additional 81,191 shares during the period. Finally, Retirement Planning Group LLC purchased a new position in iShares New York Muni Bond ETF in the 3rd quarter valued at $3,636,000.

iShares New York Muni Bond ETF Stock Performance

Shares of iShares New York Muni Bond ETF stock opened at $53.43 on Friday. iShares New York Muni Bond ETF has a one year low of $50.04 and a one year high of $54.52. The firm has a fifty day moving average of $53.94 and a two-hundred day moving average of $53.56.

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).