Cambridge Advisors Inc. Boosts Stock Position in Simplify Bitcoin Strategy PLUS Income ETF $MAXI

Cambridge Advisors Inc. raised its holdings in shares of Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,524 shares of the company’s stock after acquiring an additional 581 shares during the period. Cambridge Advisors Inc. owned approximately 1.18% of Simplify Bitcoin Strategy PLUS Income ETF worth $587,000 at the end of the most recent quarter.

Separately, Napa Wealth Management increased its position in shares of Simplify Bitcoin Strategy PLUS Income ETF by 14.4% in the first quarter. Napa Wealth Management now owns 66,388 shares of the company’s stock valued at $1,330,000 after buying an additional 8,355 shares in the last quarter.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

MAXI stock opened at $25.70 on Friday. The firm has a 50-day simple moving average of $30.32 and a 200-day simple moving average of $28.14. Simplify Bitcoin Strategy PLUS Income ETF has a 52 week low of $13.82 and a 52 week high of $36.34.

Simplify Bitcoin Strategy PLUS Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be issued a $1.00 dividend. The ex-dividend date is Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 46.7%.

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.