Assetmark Inc. Sells 10,411 Shares of iShares New York Muni Bond ETF $NYF

Assetmark Inc. decreased its position in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 12.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,546 shares of the company’s stock after selling 10,411 shares during the quarter. Assetmark Inc. owned approximately 0.33% of iShares New York Muni Bond ETF worth $4,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NYF. Root Financial Partners LLC increased its position in iShares New York Muni Bond ETF by 45.1% during the 1st quarter. Root Financial Partners LLC now owns 1,110 shares of the company’s stock valued at $59,000 after purchasing an additional 345 shares during the period. WealthShield Partners LLC purchased a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter worth approximately $90,000. CIBC Private Wealth Group LLC bought a new position in shares of iShares New York Muni Bond ETF during the fourth quarter valued at approximately $188,000. Quadrant Private Wealth Management LLC bought a new position in shares of iShares New York Muni Bond ETF during the fourth quarter valued at approximately $201,000. Finally, LVW Advisors LLC purchased a new stake in iShares New York Muni Bond ETF during the fourth quarter worth $202,000.

iShares New York Muni Bond ETF Trading Down 0.3%

Shares of NYSEARCA:NYF opened at $53.12 on Thursday. iShares New York Muni Bond ETF has a 12-month low of $51.59 and a 12-month high of $54.52. The business’s fifty day simple moving average is $53.56 and its 200-day simple moving average is $53.66.

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).