Napa Wealth Management Takes Position in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI)

Napa Wealth Management bought a new stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 20,222 shares of the company’s stock, valued at approximately $447,000. Napa Wealth Management owned about 1.70% of Simplify Bitcoin Strategy PLUS Income ETF at the end of the most recent reporting period.

Separately, Cambridge Advisors Inc. lifted its stake in Simplify Bitcoin Strategy PLUS Income ETF by 3.9% in the second quarter. Cambridge Advisors Inc. now owns 11,074 shares of the company’s stock valued at $279,000 after buying an additional 419 shares during the last quarter.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

MAXI stock opened at $29.75 on Monday. The business has a 50 day simple moving average of $23.40 and a 200-day simple moving average of $25.08. Simplify Bitcoin Strategy PLUS Income ETF has a twelve month low of $17.20 and a twelve month high of $32.41.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Monday, October 28th were paid a dividend of $1.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 40.34%. The ex-dividend date of this dividend was Monday, October 28th.

Simplify Bitcoin Strategy PLUS Income ETF Company Profile

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.