Pictet North America Advisors SA Has $38.79 Million Holdings in Harbor Scientific Alpha High-Yield ETF $SIHY

Pictet North America Advisors SA lowered its holdings in shares of Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) by 14.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 849,132 shares of the company’s stock after selling 144,560 shares during the quarter. Harbor Scientific Alpha High-Yield ETF comprises about 3.7% of Pictet North America Advisors SA’s investment portfolio, making the stock its 7th biggest position. Pictet North America Advisors SA owned approximately 22.70% of Harbor Scientific Alpha High-Yield ETF worth $38,788,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Croban increased its position in Harbor Scientific Alpha High-Yield ETF by 23.5% during the third quarter. Croban now owns 123,143 shares of the company’s stock worth $5,709,000 after buying an additional 23,417 shares during the last quarter. BlueStem Wealth Partners LLC raised its holdings in 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 in the last quarter. Osaic Holdings Inc. lifted its position in shares of Harbor Scientific Alpha High-Yield ETF by 45.8% in the second quarter. Osaic Holdings Inc. now owns 64,435 shares of the company’s stock worth $2,971,000 after buying an additional 20,229 shares during the last quarter. Beta Wealth Group Inc. acquired a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the third quarter worth about $1,944,000. Finally, Archford Capital Strategies LLC boosted its stake in shares of Harbor Scientific Alpha High-Yield ETF by 306.0% during the 3rd quarter. Archford Capital Strategies LLC now owns 129,370 shares of the company’s stock worth $5,999,000 after acquiring an additional 97,506 shares in the last quarter.

Harbor Scientific Alpha High-Yield ETF Price Performance

Shares of NYSEARCA SIHY opened at $44.66 on Thursday. 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 has a 52 week low of $42.38 and a 52 week high of $46.69.

Harbor Scientific Alpha High-Yield ETF Cuts Dividend

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

About Harbor Scientific Alpha High-Yield ETF

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.