56,771 Shares in Simplify High Yield ETF $CDX Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new stake in shares of Simplify High Yield ETF (NYSEARCA:CDX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 56,771 shares of the company’s stock, valued at approximately $1,145,000.

Several other institutional investors have also added to or reduced their stakes in the company. SteelPeak Wealth LLC boosted its holdings in shares of Simplify High Yield ETF by 97.4% in the 3rd quarter. SteelPeak Wealth LLC now owns 46,487 shares of the company’s stock valued at $938,000 after purchasing an additional 22,943 shares in the last quarter. Mosley Wealth Management increased its stake in shares of Simplify High Yield ETF by 20.7% in the 3rd quarter. Mosley Wealth Management now owns 62,384 shares of the company’s stock valued at $1,263,000 after purchasing an additional 10,719 shares during the last quarter. Mather Group LLC. bought a new position in shares of Simplify High Yield ETF in the 3rd quarter valued at $172,000. Envestnet Portfolio Solutions Inc. increased its stake in shares of Simplify High Yield ETF by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 267,497 shares of the company’s stock valued at $5,650,000 after purchasing an additional 25,739 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Simplify High Yield ETF by 10.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,655,982 shares of the company’s stock worth $34,974,000 after buying an additional 159,062 shares in the last quarter.

Simplify High Yield ETF Stock Performance

Simplify High Yield ETF stock opened at $20.27 on Wednesday. Simplify High Yield ETF has a 52 week low of $20.06 and a 52 week high of $22.94. The stock has a market capitalization of $318.85 million, a P/E ratio of 11.17 and a beta of 0.30. The stock has a fifty day moving average of $20.49 and a 200-day moving average of $20.92.

Simplify High Yield ETF Profile

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts. CDX was launched on Feb 14, 2022 and is managed by Simplify.