Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) Shares Bought by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC raised its position in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) by 32.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 82,930 shares of the company’s stock after purchasing an additional 20,263 shares during the period. Steward Partners Investment Advisory LLC owned about 1.78% of Simplify High Yield PLUS Credit Hedge ETF worth $1,809,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Truist Financial Corp grew its holdings in Simplify High Yield PLUS Credit Hedge ETF by 17.5% in the fourth quarter. Truist Financial Corp now owns 239,171 shares of the company’s stock valued at $5,216,000 after purchasing an additional 35,660 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 45.8% during the fourth quarter. Flagship Harbor Advisors LLC now owns 183,702 shares of the company’s stock valued at $4,007,000 after acquiring an additional 57,741 shares during the last quarter. SFG Wealth Management LLC. acquired a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF during the fourth quarter valued at $704,000. Mid American Wealth Advisory Group Inc. boosted its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 61.3% during the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 102,798 shares of the company’s stock valued at $2,242,000 after acquiring an additional 39,084 shares during the last quarter. Finally, Orion Portfolio Solutions LLC boosted its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 20.1% during the third quarter. Orion Portfolio Solutions LLC now owns 37,699 shares of the company’s stock valued at $895,000 after acquiring an additional 6,320 shares during the last quarter.

Simplify High Yield PLUS Credit Hedge ETF Stock Down 0.3 %

CDX opened at $22.93 on Friday. The firm has a market cap of $137.12 million, a P/E ratio of 16.87 and a beta of 0.39. Simplify High Yield PLUS Credit Hedge ETF has a 52 week low of $21.34 and a 52 week high of $25.59. The business’s fifty day simple moving average is $22.42 and its 200 day simple moving average is $23.07.

Simplify High Yield PLUS Credit Hedge ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 25th were paid a dividend of $0.05 per share. The ex-dividend date was Tuesday, February 25th.

Simplify High Yield PLUS Credit Hedge ETF Profile

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts.