Simplify Stable Income ETF (NYSEARCA:BUCK) Shares Purchased by Peak Financial Advisors LLC

Peak Financial Advisors LLC grew its position in Simplify Stable Income ETF (NYSEARCA:BUCK) by 103.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 510,063 shares of the company’s stock after acquiring an additional 259,069 shares during the quarter. Simplify Stable Income ETF makes up about 6.4% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Peak Financial Advisors LLC owned 0.10% of Simplify Stable Income ETF worth $12,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Edge Advisors LLC grew its stake in shares of Simplify Stable Income ETF by 9.3% in the 1st quarter. Park Edge Advisors LLC now owns 399,210 shares of the company’s stock valued at $10,008,000 after buying an additional 33,884 shares in the last quarter. Nwam LLC acquired a new stake in Simplify Stable Income ETF in the first quarter valued at approximately $589,000. B. Riley Wealth Advisors Inc. grew its position in Simplify Stable Income ETF by 39.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 18,644 shares of the company’s stock worth $468,000 after acquiring an additional 5,230 shares in the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Simplify Stable Income ETF during the 2nd quarter worth $370,000. Finally, Redhawk Wealth Advisors Inc. acquired a new position in shares of Simplify Stable Income ETF during the 2nd quarter worth $364,000.

Simplify Stable Income ETF Price Performance

BUCK stock opened at $24.50 on Friday. Simplify Stable Income ETF has a 1 year low of $24.28 and a 1 year high of $25.67. The company has a fifty day simple moving average of $24.68 and a 200 day simple moving average of $24.70.

Simplify Stable Income ETF Profile

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.