Larson Financial Group LLC Grows Stock Holdings in Amplify High Income ETF (NYSEARCA:YYY)

Larson Financial Group LLC grew its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 58.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,897 shares of the company’s stock after purchasing an additional 2,179 shares during the period. Larson Financial Group LLC’s holdings in Amplify High Income ETF were worth $68,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Independent Wealth Network Inc. lifted its position in Amplify High Income ETF by 1.9% in the 4th quarter. Independent Wealth Network Inc. now owns 144,565 shares of the company’s stock worth $1,665,000 after buying an additional 2,693 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Amplify High Income ETF by 11.4% during the fourth quarter. Oppenheimer & Co. Inc. now owns 57,607 shares of the company’s stock worth $664,000 after acquiring an additional 5,872 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Amplify High Income ETF in the 4th quarter worth approximately $594,000. World Investment Advisors LLC boosted its stake in shares of Amplify High Income ETF by 30.9% in the 3rd quarter. World Investment Advisors LLC now owns 15,110 shares of the company’s stock valued at $186,000 after purchasing an additional 3,571 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Amplify High Income ETF by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 138,900 shares of the company’s stock valued at $1,713,000 after purchasing an additional 2,900 shares during the last quarter.

Amplify High Income ETF Stock Up 0.3 %

Shares of NYSEARCA:YYY opened at $11.48 on Thursday. The stock has a market cap of $542.43 million, a PE ratio of 24.09 and a beta of 0.85. The company’s fifty day moving average is $11.80 and its 200 day moving average is $12.00. Amplify High Income ETF has a 52 week low of $11.39 and a 52 week high of $12.40.

Amplify High Income ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 27th were issued a $0.12 dividend. The ex-dividend date was Thursday, February 27th. This represents a $1.44 annualized dividend and a dividend yield of 12.54%.

Amplify High Income ETF Company Profile

The Amplify High Income ETF (YYY) is an exchange-traded fund that is based on the ISE High Income index. The fund tracks an index of US-listed closed-end funds, weighted by yield, discount to NAV, and trading volume. There are no restrictions on the assets or strategies of the underlying funds. YYY was launched on Jun 12, 2013 and is managed by Amplify.