Mid American Wealth Advisory Group Inc. Takes $310,000 Position in Simplify Bitcoin Strategy PLUS Income ETF $MAXI

Mid American Wealth Advisory Group Inc. purchased a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) in the second quarter, HoldingsChannel reports. The institutional investor purchased 10,303 shares of the company’s stock, valued at approximately $310,000.

Other large investors have also recently added to or reduced their stakes in the company. Napa Wealth Management raised its position in 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 purchasing an additional 8,355 shares during the period. Cambridge Advisors Inc. grew its stake in shares of Simplify Bitcoin Strategy PLUS Income ETF by 3.1% in the second quarter. Cambridge Advisors Inc. now owns 19,524 shares of the company’s stock valued at $587,000 after buying an additional 581 shares in the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF during the 1st quarter valued at about $276,000.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

Simplify Bitcoin Strategy PLUS Income ETF stock opened at $26.02 on Tuesday. Simplify Bitcoin Strategy PLUS Income ETF has a one year low of $13.82 and a one year high of $36.34. The stock’s 50 day moving average price is $28.88 and its 200 day moving average price is $29.11.

Simplify Bitcoin Strategy PLUS Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $1.00 per share. This represents a c) dividend on an annualized basis and a dividend yield of 46.1%. The ex-dividend date of this dividend was Thursday, September 25th.

About Simplify Bitcoin Strategy PLUS Income ETF

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.