Pictet North America Advisors SA Sells 144,560 Shares of Harbor Scientific Alpha High-Yield ETF $SIHY

Pictet North America Advisors SA lowered its stake in shares of Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) by 14.5% during the fourth quarter, HoldingsChannel reports. The fund owned 849,132 shares of the company’s stock after selling 144,560 shares during the quarter. Harbor Scientific Alpha High-Yield ETF makes up about 3.7% of Pictet North America Advisors SA’s portfolio, making the stock its 7th biggest holding. Pictet North America Advisors SA owned 0.23% of Harbor Scientific Alpha High-Yield ETF worth $38,788,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SIHY. Croban grew its position in Harbor Scientific Alpha High-Yield ETF by 23.5% in the 3rd quarter. Croban now owns 123,143 shares of the company’s stock worth $5,709,000 after purchasing an additional 23,417 shares during the last quarter. BlueStem Wealth Partners LLC raised its position in shares of Harbor Scientific Alpha High-Yield ETF by 8.3% during the third quarter. BlueStem Wealth Partners LLC now owns 361,190 shares of the company’s stock valued at $16,748,000 after buying an additional 27,649 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Harbor Scientific Alpha High-Yield ETF by 45.8% during the second quarter. Osaic Holdings Inc. now owns 64,435 shares of the company’s stock valued at $2,971,000 after buying an additional 20,229 shares during the last quarter. Beta Wealth Group Inc. bought a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the third quarter valued at about $1,944,000. Finally, Archford Capital Strategies LLC lifted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 306.0% in the third quarter. Archford Capital Strategies LLC now owns 129,370 shares of the company’s stock valued at $5,999,000 after buying an additional 97,506 shares during the period.

Harbor Scientific Alpha High-Yield ETF Price Performance

SIHY stock opened at $44.66 on Thursday. Harbor Scientific Alpha High-Yield ETF has a twelve month low of $42.38 and a twelve month high of $46.69. The business’s 50-day simple moving average is $45.36 and its 200 day simple moving average is $45.78.

Harbor Scientific Alpha High-Yield ETF Cuts Dividend

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

Harbor Scientific Alpha High-Yield ETF 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.