Total Clarity Wealth Management Inc. Trims Stock Position in Simplify U.S. Equity PLUS GBTC ETF $SPBC

Total Clarity Wealth Management Inc. trimmed its position in Simplify U.S. Equity PLUS GBTC ETF (NASDAQ:SPBC) by 56.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 21,019 shares of the company’s stock after selling 27,461 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Simplify U.S. Equity PLUS GBTC ETF were worth $874,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. SFG Wealth Management LLC. acquired a new stake in shares of Simplify U.S. Equity PLUS GBTC ETF during the 3rd quarter worth approximately $4,452,000. Susquehanna International Group LLP acquired a new position in Simplify U.S. Equity PLUS GBTC ETF in the third quarter valued at approximately $1,044,000. WJ Wealth Management LLC acquired a new position in Simplify U.S. Equity PLUS GBTC ETF in the third quarter valued at approximately $2,760,000. NewEdge Advisors LLC grew its position in Simplify U.S. Equity PLUS GBTC ETF by 630.1% in the third quarter. NewEdge Advisors LLC now owns 9,418 shares of the company’s stock worth $422,000 after acquiring an additional 8,128 shares during the period. Finally, ARQ Wealth Advisors LLC grew its position in Simplify U.S. Equity PLUS GBTC ETF by 11.5% in the third quarter. ARQ Wealth Advisors LLC now owns 6,460 shares of the company’s stock worth $290,000 after acquiring an additional 664 shares during the period. Hedge funds and other institutional investors own 31.71% of the company’s stock.

Simplify U.S. Equity PLUS GBTC ETF Stock Down 0.3%

SPBC stock opened at $47.51 on Tuesday. The business has a fifty day moving average of $47.10 and a two-hundred day moving average of $45.15. The stock has a market cap of $44.18 million, a price-to-earnings ratio of 125.03 and a beta of 1.22. Simplify U.S. Equity PLUS GBTC ETF has a 52-week low of $39.66 and a 52-week high of $48.72.

Simplify U.S. Equity PLUS GBTC ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.10 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. Simplify U.S. Equity PLUS GBTC ETF’s dividend payout ratio is currently 105.26%.

About Simplify U.S. Equity PLUS GBTC ETF

SP Bancorp, Inc is a non-diversified savings and loan holding company for SharePlus Federal Bank (the Bank). The Bank is a federally chartered savings bank. The Bank provides financial services to individuals, families and businesses through its six banking offices. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans secured by residential real estate, home equity loans and lines of credit, commercial real estate loans, consumer loans (consisting primarily of automobile loans) and commercial business loans.