Allspring Global Investments Holdings LLC Makes New $1.35 Million Investment in iShares New York Muni Bond ETF $NYF

Allspring Global Investments Holdings LLC purchased a new stake in iShares New York Muni Bond ETF (NYSEARCA:NYF) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 25,306 shares of the company’s stock, valued at approximately $1,346,000. Allspring Global Investments Holdings LLC owned approximately 0.11% of iShares New York Muni Bond ETF at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Hsbc Holdings PLC grew its holdings in iShares New York Muni Bond ETF by 1,070.2% during the 4th quarter. Hsbc Holdings PLC now owns 323,084 shares of the company’s stock valued at $17,288,000 after buying an additional 295,475 shares during the last quarter. Legacy Edge Advisors LLC acquired a new position in shares of iShares New York Muni Bond ETF in the fourth quarter worth $15,730,000. Jane Street Group LLC raised its holdings in shares of iShares New York Muni Bond ETF by 296.8% in the second quarter. Jane Street Group LLC now owns 347,152 shares of the company’s stock worth $18,101,000 after acquiring an additional 259,657 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of iShares New York Muni Bond ETF by 28.7% in the fourth quarter. HighTower Advisors LLC now owns 551,679 shares of the company’s stock valued at $29,520,000 after acquiring an additional 123,158 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of iShares New York Muni Bond ETF by 91.2% during the fourth quarter. JPMorgan Chase & Co. now owns 174,912 shares of the company’s stock valued at $9,360,000 after acquiring an additional 83,431 shares during the last quarter.

iShares New York Muni Bond ETF Stock Performance

iShares New York Muni Bond ETF stock opened at $52.83 on Monday. The stock has a 50-day moving average price of $53.54 and a 200 day moving average price of $53.64. iShares New York Muni Bond ETF has a 52 week low of $51.69 and a 52 week high of $54.52.

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).