Francis Financial Inc. Has $6.48 Million Position in iShares New York Muni Bond ETF (NYSEARCA:NYF)

Francis Financial Inc. raised its position in iShares New York Muni Bond ETF (NYSEARCA:NYF) by 14.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 121,705 shares of the company’s stock after purchasing an additional 15,660 shares during the period. iShares New York Muni Bond ETF makes up 1.5% of Francis Financial Inc.’s portfolio, making the stock its 14th biggest holding. Francis Financial Inc.’s holdings in iShares New York Muni Bond ETF were worth $6,477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in NYF. Spire Wealth Management bought a new stake in shares of iShares New York Muni Bond ETF in the fourth quarter valued at about $68,000. Coldstream Capital Management Inc. acquired a new stake in iShares New York Muni Bond ETF in the 4th quarter worth about $202,000. Nemes Rush Group LLC boosted its holdings in iShares New York Muni Bond ETF by 24.0% in the 4th quarter. Nemes Rush Group LLC now owns 3,883 shares of the company’s stock valued at $207,000 after purchasing an additional 751 shares during the period. Lmcg Investments LLC bought a new stake in iShares New York Muni Bond ETF in the 4th quarter valued at about $213,000. Finally, Martin Worley Group acquired a new position in shares of iShares New York Muni Bond ETF during the 4th quarter worth approximately $224,000.

iShares New York Muni Bond ETF Trading Up 0.2 %

NYSEARCA NYF opened at $52.26 on Friday. iShares New York Muni Bond ETF has a 1-year low of $50.04 and a 1-year high of $54.40. The company has a 50 day moving average of $52.34 and a 200-day moving average of $53.09.

iShares New York Muni Bond ETF 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).