SoFi Enhanced Yield ETF (NYSEARCA:THTA) Stock Position Boosted by Optivise Advisory Services LLC

Optivise Advisory Services LLC lifted its position in SoFi Enhanced Yield ETF (NYSEARCA:THTA) by 45.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 316,522 shares of the company’s stock after purchasing an additional 98,272 shares during the period. SoFi Enhanced Yield ETF accounts for about 3.3% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 4th biggest position. Optivise Advisory Services LLC owned approximately 37.24% of SoFi Enhanced Yield ETF worth $6,052,000 at the end of the most recent reporting period.

Separately, Concurrent Investment Advisors LLC bought a new stake in shares of SoFi Enhanced Yield ETF in the 4th quarter valued at about $2,523,000.

SoFi Enhanced Yield ETF Stock Performance

NYSEARCA THTA opened at $14.71 on Monday. The company has a market cap of $37.95 million and a PE ratio of 20.24. The firm’s 50 day moving average price is $17.78 and its 200-day moving average price is $18.61. SoFi Enhanced Yield ETF has a 52-week low of $12.30 and a 52-week high of $20.49.

SoFi Enhanced Yield ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 18th. Shareholders of record on Monday, March 17th were given a dividend of $0.1845 per share. The ex-dividend date was Monday, March 17th.

SoFi Enhanced Yield ETF Profile

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.