11,192 Shares in Simplify Interest Rate Hedge ETF $PFIX Acquired by Savvy Advisors Inc.

Savvy Advisors Inc. acquired a new position in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,192 shares of the company’s stock, valued at approximately $536,000. Savvy Advisors Inc. owned 0.34% of Simplify Interest Rate Hedge ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PFIX. Raymond James Financial Inc. acquired a new position in Simplify Interest Rate Hedge ETF in the 2nd quarter worth approximately $53,000. Ausdal Financial Partners Inc. acquired a new stake in shares of Simplify Interest Rate Hedge ETF during the 2nd quarter valued at $650,000. Jane Street Group LLC boosted its stake in shares of Simplify Interest Rate Hedge ETF by 2.6% during the 2nd quarter. Jane Street Group LLC now owns 416,853 shares of the company’s stock valued at $22,027,000 after buying an additional 10,631 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Simplify Interest Rate Hedge ETF during the 2nd quarter valued at $705,000. Finally, Osaic Holdings Inc. boosted its stake in shares of Simplify Interest Rate Hedge ETF by 23.9% during the 2nd quarter. Osaic Holdings Inc. now owns 11,233 shares of the company’s stock valued at $594,000 after buying an additional 2,170 shares during the period.

Simplify Interest Rate Hedge ETF Price Performance

Shares of NYSEARCA:PFIX opened at $45.07 on Thursday. The firm has a fifty day moving average of $45.18 and a two-hundred day moving average of $46.64. Simplify Interest Rate Hedge ETF has a 12-month low of $41.45 and a 12-month high of $65.15.

Simplify Interest Rate Hedge ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%.

Simplify Interest Rate Hedge ETF Company Profile

The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is managed by Simplify.