Capital Wealth Planning LLC Grows Position in Amplify Samsung SOFR ETF $SOFR

Capital Wealth Planning LLC increased its position in Amplify Samsung SOFR ETF (NYSEARCA:SOFR) by 9.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,924,542 shares of the company’s stock after purchasing an additional 160,185 shares during the period. Amplify Samsung SOFR ETF comprises 1.4% of Capital Wealth Planning LLC’s investment portfolio, making the stock its 25th largest position. Capital Wealth Planning LLC owned approximately 0.56% of Amplify Samsung SOFR ETF worth $192,772,000 at the end of the most recent reporting period.

Separately, Jane Street Group LLC purchased a new position in Amplify Samsung SOFR ETF during the first quarter valued at $468,000.

Amplify Samsung SOFR ETF Price Performance

Shares of Amplify Samsung SOFR ETF stock opened at $100.31 on Friday. Amplify Samsung SOFR ETF has a 12 month low of $100.03 and a 12 month high of $100.89. The business has a fifty day simple moving average of $100.28 and a two-hundred day simple moving average of $100.30.

Amplify Samsung SOFR ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.3044 per share. This is an increase from Amplify Samsung SOFR ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.6%.

Amplify Samsung SOFR ETF Profile

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure. SOFR was launched on Nov 15, 2023 and is issued by Amplify Investments.