MML Investors Services LLC lessened its stake in shares of iShares New York Muni Bond ETF (NYSEARCA:NYF) by 8.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,876 shares of the company’s stock after selling 2,031 shares during the period. MML Investors Services LLC’s holdings in iShares New York Muni Bond ETF were worth $1,278,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NYF. Resources Investment Advisors Inc. bought a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter worth $55,000. Tortoise Investment Management LLC increased its holdings in shares of iShares New York Muni Bond ETF by 14.2% in the 4th quarter. Tortoise Investment Management LLC now owns 1,485 shares of the company’s stock worth $81,000 after purchasing an additional 185 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of iShares New York Muni Bond ETF in the 1st quarter worth $209,000. Capital Financial Planning LLC bought a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter worth $217,000. Finally, Condor Capital Management bought a new stake in shares of iShares New York Muni Bond ETF in the 4th quarter worth $258,000.

Shares of iShares New York Muni Bond ETF stock traded down $0.05 on Wednesday, reaching $56.61. The company’s stock had a trading volume of 100 shares, compared to its average volume of 26,382. iShares New York Muni Bond ETF has a 52 week low of $53.44 and a 52 week high of $56.80.

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were issued a $0.1104 dividend. This is a positive change from iShares New York Muni Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.34%.

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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).

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Institutional Ownership by Quarter for iShares New York Muni Bond ETF (NYSEARCA:NYF)

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