Alesco Advisors LLC Purchases 19,989 Shares of iShares New York Muni Bond ETF $NYF

Alesco Advisors LLC grew its stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 4.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 435,454 shares of the company’s stock after buying an additional 19,989 shares during the quarter. iShares New York Muni Bond ETF makes up 0.6% of Alesco Advisors LLC’s portfolio, making the stock its 21st biggest holding. Alesco Advisors LLC owned 2.08% of iShares New York Muni Bond ETF worth $23,301,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Conrad Siegel Investment Advisors Inc. increased its position in iShares New York Muni Bond ETF by 0.9% in the third quarter. Conrad Siegel Investment Advisors Inc. now owns 24,657 shares of the company’s stock worth $1,315,000 after buying an additional 219 shares in the last quarter. Carnegie Investment Counsel increased its position in iShares New York Muni Bond ETF by 0.5% in the fourth quarter. Carnegie Investment Counsel now owns 54,054 shares of the company’s stock worth $2,892,000 after buying an additional 260 shares in the last quarter. Nemes Rush Group LLC increased its position in iShares New York Muni Bond ETF by 6.9% in the third quarter. Nemes Rush Group LLC now owns 4,202 shares of the company’s stock worth $224,000 after buying an additional 272 shares in the last quarter. GAMMA Investing LLC increased its position in iShares New York Muni Bond ETF by 3.4% in the fourth quarter. GAMMA Investing LLC now owns 9,237 shares of the company’s stock worth $494,000 after buying an additional 302 shares in the last quarter. Finally, Flagstar Advisors Inc. increased its position in 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 buying an additional 320 shares in the last quarter.

iShares New York Muni Bond ETF Stock Performance

Shares of NYF opened at $53.73 on Thursday. The business has a 50-day simple moving average of $53.67 and a two-hundred day simple moving average of $53.66. iShares New York Muni Bond ETF has a 52 week low of $51.54 and a 52 week high of $54.52.

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).