CreativeOne Wealth LLC Raises Stock Position in Amplify High Income ETF $YYY

CreativeOne Wealth LLC boosted its stake in shares of Amplify High Income ETF (NYSEARCA:YYY) by 109.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 94,025 shares of the company’s stock after acquiring an additional 49,164 shares during the period. CreativeOne Wealth LLC owned about 0.17% of Amplify High Income ETF worth $1,110,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. LJI Wealth Management LLC increased its stake in shares of Amplify High Income ETF by 0.6% during the third quarter. LJI Wealth Management LLC now owns 1,498,738 shares of the company’s stock worth $17,700,000 after purchasing an additional 8,892 shares in the last quarter. NWF Advisory Services Inc. raised its position in shares of Amplify High Income ETF by 10.2% during the 3rd quarter. NWF Advisory Services Inc. now owns 610,595 shares of the company’s stock worth $7,211,000 after purchasing an additional 56,300 shares during the last quarter. Intrua Financial LLC lifted its stake in Amplify High Income ETF by 3.8% in the 3rd quarter. Intrua Financial LLC now owns 377,974 shares of the company’s stock valued at $4,464,000 after buying an additional 13,679 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Amplify High Income ETF by 11.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 264,944 shares of the company’s stock valued at $3,129,000 after buying an additional 27,416 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Amplify High Income ETF by 48.8% in the 2nd quarter. Raymond James Financial Inc. now owns 250,691 shares of the company’s stock worth $2,936,000 after buying an additional 82,164 shares during the last quarter.

Amplify High Income ETF Trading Up 0.5%

NYSEARCA:YYY opened at $11.33 on Thursday. Amplify High Income ETF has a 12 month low of $9.87 and a 12 month high of $11.93. The stock has a 50 day moving average of $11.67 and a two-hundred day moving average of $11.70. The firm has a market cap of $676.40 million, a P/E ratio of 22.17 and a beta of 0.76.

Amplify High Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%.

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.