Mid American Wealth Advisory Group Inc. grew its stake in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX – Free Report) by 61.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,798 shares of the company’s stock after acquiring an additional 39,084 shares during the quarter. Simplify High Yield PLUS Credit Hedge ETF comprises approximately 1.3% of Mid American Wealth Advisory Group Inc.’s investment portfolio, making the stock its 22nd biggest position. Mid American Wealth Advisory Group Inc.’s holdings in Simplify High Yield PLUS Credit Hedge ETF were worth $2,242,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the stock. Simplify Asset Management Inc. grew its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 2,600.0% in the 2nd quarter. Simplify Asset Management Inc. now owns 4,045,997 shares of the company’s stock valued at $92,918,000 after buying an additional 3,896,143 shares during the period. AE Wealth Management LLC purchased a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF during the 2nd quarter valued at approximately $402,000. Truist Financial Corp lifted its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 1,018.0% in the 2nd quarter. Truist Financial Corp now owns 179,277 shares of the company’s stock valued at $4,117,000 after purchasing an additional 163,241 shares during the last quarter. Park Edge Advisors LLC grew its holdings in shares of Simplify High Yield PLUS Credit Hedge ETF by 7.9% during the 3rd quarter. Park Edge Advisors LLC now owns 422,647 shares of the company’s stock worth $10,032,000 after purchasing an additional 30,862 shares during the period. Finally, Centennial Wealth Advisory LLC acquired a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF during the 3rd quarter worth about $1,156,000.
Simplify High Yield PLUS Credit Hedge ETF Trading Down 0.8 %
CDX stock traded down $0.18 during mid-day trading on Monday, hitting $21.77. 7,166 shares of the company were exchanged, compared to its average volume of 28,664. Simplify High Yield PLUS Credit Hedge ETF has a 12-month low of $21.34 and a 12-month high of $25.59. The business has a fifty day simple moving average of $22.86 and a 200-day simple moving average of $23.31.
Simplify High Yield PLUS Credit Hedge ETF Company 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.
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