Park Edge Advisors LLC Reduces Position in Simplify Treasury Option Income ETF $BUCK

Park Edge Advisors LLC decreased its holdings in Simplify Treasury Option Income ETF (NYSEARCA:BUCK) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 225,404 shares of the company’s stock after selling 48,341 shares during the period. Simplify Treasury Option Income ETF makes up approximately 1.2% of Park Edge Advisors LLC’s investment portfolio, making the stock its 11th largest position. Park Edge Advisors LLC’s holdings in Simplify Treasury Option Income ETF were worth $5,343,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of BUCK. Raymond James Financial Inc. acquired a new position in shares of Simplify Treasury Option Income ETF during the 2nd quarter worth approximately $48,000. NewEdge Advisors LLC increased its holdings in shares of Simplify Treasury Option Income ETF by 2,123.0% in the first quarter. NewEdge Advisors LLC now owns 2,223 shares of the company’s stock valued at $55,000 after purchasing an additional 2,123 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in Simplify Treasury Option Income ETF during the second quarter worth approximately $62,000. Golden State Wealth Management LLC boosted its stake in Simplify Treasury Option Income ETF by 49.2% during the third quarter. Golden State Wealth Management LLC now owns 5,026 shares of the company’s stock worth $120,000 after buying an additional 1,657 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Simplify Treasury Option Income ETF by 200.0% during the third quarter. PNC Financial Services Group Inc. now owns 6,000 shares of the company’s stock worth $143,000 after buying an additional 4,000 shares during the last quarter.

Simplify Treasury Option Income ETF Stock Performance

Shares of NYSEARCA:BUCK opened at $23.52 on Friday. Simplify Treasury Option Income ETF has a 52-week low of $22.88 and a 52-week high of $24.71. The business has a fifty day moving average of $23.65 and a two-hundred day moving average of $23.77.

Simplify Treasury Option Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 7.1%.

About Simplify Treasury Option Income ETF

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.