Harbor Scientific Alpha High-Yield ETF $SIHY Shares Sold by Archford Capital Strategies LLC

Archford Capital Strategies LLC lessened its holdings in shares of Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) by 63.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,578 shares of the company’s stock after selling 81,792 shares during the quarter. Archford Capital Strategies LLC owned about 1.27% of Harbor Scientific Alpha High-Yield ETF worth $2,173,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new position in shares of Harbor Scientific Alpha High-Yield ETF in the second quarter worth $197,000. Greenwood Capital Associates LLC boosted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 61.6% in the 3rd quarter. Greenwood Capital Associates LLC now owns 7,113 shares of the company’s stock valued at $330,000 after buying an additional 2,712 shares during the period. Stratos Wealth Partners LTD. grew its position in shares of Harbor Scientific Alpha High-Yield ETF by 40.5% during the third quarter. Stratos Wealth Partners LTD. now owns 18,811 shares of the company’s stock worth $872,000 after buying an additional 5,427 shares in the last quarter. SK Wealth Management LLC grew its position in shares of Harbor Scientific Alpha High-Yield ETF by 1.0% during the third quarter. SK Wealth Management LLC now owns 23,277 shares of the company’s stock worth $1,069,000 after buying an additional 239 shares in the last quarter. Finally, Beta Wealth Group Inc. purchased a new stake in shares of Harbor Scientific Alpha High-Yield ETF during the third quarter worth approximately $1,944,000.

Harbor Scientific Alpha High-Yield ETF Stock Up 1.2%

Shares of NYSEARCA:SIHY opened at $44.81 on Wednesday. Harbor Scientific Alpha High-Yield ETF has a fifty-two week low of $42.38 and a fifty-two week high of $46.69. The firm’s 50 day moving average price is $45.39 and its 200 day moving average price is $45.79.

Harbor Scientific Alpha High-Yield ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.2192 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, March 2nd.

Harbor Scientific Alpha High-Yield ETF Company Profile

The Harbor Scientific Alpha High-Yield ETF (SIHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of high-yield, USD-denominated corporate bonds selected based on a proprietary scientific method. SIHY was launched on Sep 14, 2021 and is managed by Harbor.