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

Larson Financial Group LLC raised its position in shares of Amplify High Income ETF (NYSEARCA:YYY) by 58.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,897 shares of the company’s stock after buying 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 large investors have also added to or reduced their stakes in YYY. Geneos Wealth Management Inc. purchased a new position in shares of Amplify High Income ETF during the fourth quarter valued at approximately $29,000. Golden State Wealth Management LLC purchased a new position in Amplify High Income ETF during the 4th quarter valued at $98,000. Money Concepts Capital Corp raised its holdings in Amplify High Income ETF by 12.6% in the 4th quarter. Money Concepts Capital Corp now owns 12,186 shares of the company’s stock worth $140,000 after purchasing an additional 1,359 shares in the last quarter. Oxinas Partners Wealth Management LLC purchased a new stake in shares of Amplify High Income ETF in the 4th quarter worth about $170,000. Finally, World Investment Advisors LLC lifted its position 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 worth $186,000 after purchasing an additional 3,571 shares during the period.

Amplify High Income ETF Price Performance

Shares of NYSEARCA YYY opened at $11.48 on Thursday. Amplify High Income ETF has a 1 year low of $11.39 and a 1 year high of $12.40. The stock has a market capitalization of $542.43 million, a P/E ratio of 24.09 and a beta of 0.85. The company’s 50-day moving average is $11.80 and its 200 day moving average is $12.00.

Amplify High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 12.54%.

Amplify High Income ETF 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.