Brighton Securities CORP. Makes New Investment in iShares New York Muni Bond ETF $NYF

Brighton Securities CORP. purchased a new stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 24,032 shares of the company’s stock, valued at approximately $1,214,000. iShares New York Muni Bond ETF accounts for approximately 0.5% of Brighton Securities CORP.’s holdings, making the stock its 23rd biggest holding.

Several other hedge funds also recently bought and sold shares of NYF. Bank of New York Mellon Corp grew its holdings in shares of iShares New York Muni Bond ETF by 2.1% in the first quarter. Bank of New York Mellon Corp now owns 11,948 shares of the company’s stock valued at $635,000 after purchasing an additional 243 shares in the last quarter. Apella Capital LLC grew its stake in iShares New York Muni Bond ETF by 2.7% during the 1st quarter. Apella Capital LLC now owns 10,632 shares of the company’s stock worth $571,000 after purchasing an additional 280 shares in the last quarter. Sei Investments Co. increased its holdings in iShares New York Muni Bond ETF by 2.1% during the 1st quarter. Sei Investments Co. now owns 15,902 shares of the company’s stock worth $845,000 after purchasing an additional 321 shares during the period. Dopkins Wealth Management LLC raised its position in iShares New York Muni Bond ETF by 2.4% in the 1st quarter. Dopkins Wealth Management LLC now owns 14,044 shares of the company’s stock valued at $746,000 after purchasing an additional 333 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in iShares New York Muni Bond ETF by 3.6% in the 2nd quarter. GAMMA Investing LLC now owns 9,572 shares of the company’s stock valued at $516,000 after purchasing an additional 335 shares in the last quarter.

iShares New York Muni Bond ETF Price Performance

Shares of iShares New York Muni Bond ETF stock traded up $0.10 during trading on Thursday, hitting $50.35. 1,424,307 shares of the stock were exchanged, compared to its average volume of 240,142. The firm’s 50-day moving average price is $51.99 and its 200 day moving average price is $52.95. iShares New York Muni Bond ETF has a 12-month low of $50.03 and a 12-month 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).