True Wealth Design LLC Buys New Shares in Simplify Bond Bull ETF $RFIX

True Wealth Design LLC purchased a new position in Simplify Bond Bull ETF (NYSEARCA:RFIX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 148,013 shares of the company’s stock, valued at approximately $7,196,000. Simplify Bond Bull ETF comprises about 2.5% of True Wealth Design LLC’s investment portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of RFIX. Envestnet Asset Management Inc. purchased a new position in shares of Simplify Bond Bull ETF in the second quarter worth about $331,000. Fluent Financial LLC grew its position in Simplify Bond Bull ETF by 24.4% during the 2nd quarter. Fluent Financial LLC now owns 483,738 shares of the company’s stock worth $23,519,000 after acquiring an additional 94,841 shares during the last quarter. Magnolia Private Wealth LLC bought a new position in Simplify Bond Bull ETF during the 2nd quarter worth approximately $207,000. GK Wealth Management LLC purchased a new position in Simplify Bond Bull ETF in the 1st quarter worth approximately $684,000. Finally, Jane Street Group LLC bought a new stake in Simplify Bond Bull ETF in the first quarter valued at approximately $599,000.

Simplify Bond Bull ETF Price Performance

NYSEARCA:RFIX opened at $41.46 on Friday. Simplify Bond Bull ETF has a fifty-two week low of $39.95 and a fifty-two week high of $60.49. The business has a 50 day moving average price of $42.87 and a 200-day moving average price of $45.34.

Simplify Bond Bull ETF Profile

The Simplify Downside Interest Rate Hedge Strategy ETF (RFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed, seeking interest rate protection against the decrease in long-term interest rates and income generation in volatile market conditions. Investments include OTC interest-rate derivatives, US Treasurys, TIPS, and investment-grade bonds of any maturities.