SBI Securities Co. Ltd. Takes $594,000 Position in Amplify High Income ETF (NYSEARCA:YYY)

SBI Securities Co. Ltd. purchased a new stake in shares of Amplify High Income ETF (NYSEARCA:YYY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 51,542 shares of the company’s stock, valued at approximately $594,000. SBI Securities Co. Ltd. owned 0.14% of Amplify High Income ETF as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in YYY. Chicago Partners Investment Group LLC acquired a new stake in Amplify High Income ETF in the 3rd quarter valued at approximately $164,000. Concurrent Investment Advisors LLC increased its holdings in Amplify High Income ETF by 21.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 19,785 shares of the company’s stock valued at $244,000 after purchasing an additional 3,448 shares during the last quarter. First Heartland Consultants Inc. acquired a new stake in Amplify High Income ETF in the 3rd quarter valued at approximately $215,000. Oppenheimer & Co. Inc. increased its holdings in Amplify High Income ETF by 41.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 51,735 shares of the company’s stock valued at $638,000 after purchasing an additional 15,156 shares during the last quarter. Finally, LJI Wealth Management LLC increased its holdings in Amplify High Income ETF by 8.3% in the 3rd quarter. LJI Wealth Management LLC now owns 1,100,442 shares of the company’s stock valued at $13,568,000 after purchasing an additional 84,179 shares during the last quarter.

Amplify High Income ETF Stock Performance

Amplify High Income ETF stock opened at $11.60 on Wednesday. Amplify High Income ETF has a fifty-two week low of $11.42 and a fifty-two week high of $12.40. The firm has a 50 day moving average price of $11.81 and a 200 day moving average price of $12.02. The company has a market capitalization of $548.10 million, a PE ratio of 24.09 and a beta of 0.85.

Amplify High Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors 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 yield of 12.41%.

About Amplify High Income ETF

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.