Amplify High Income ETF (NYSEARCA:YYY) Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its stake in shares of Amplify High Income ETF (NYSEARCA:YYY) by 4.9% in the 4th quarter, HoldingsChannel reports. The firm owned 56,891 shares of the company’s stock after selling 2,935 shares during the quarter. NewEdge Advisors LLC’s holdings in Amplify High Income ETF were worth $655,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. purchased a new position in Amplify High Income ETF during the fourth quarter worth $29,000. Larson Financial Group LLC boosted its stake in shares of Amplify High Income ETF by 58.6% during the fourth quarter. Larson Financial Group LLC now owns 5,897 shares of the company’s stock valued at $68,000 after acquiring an additional 2,179 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in Amplify High Income ETF during the 4th quarter worth about $98,000. Money Concepts Capital Corp raised its stake 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 valued at $140,000 after purchasing an additional 1,359 shares during the last quarter. Finally, Oxinas Partners Wealth Management LLC purchased a new position in Amplify High Income ETF in the 4th quarter valued at about $170,000.

Amplify High Income ETF Price Performance

Amplify High Income ETF stock opened at $11.15 on Friday. The stock has a market capitalization of $527.95 million, a P/E ratio of 21.99 and a beta of 0.73. Amplify High Income ETF has a 12-month low of $9.87 and a 12-month high of $12.40. The firm’s 50-day moving average is $11.29 and its two-hundred day moving average is $11.73.

Amplify High Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were given 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 yield of 12.91%.

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.