WCG Wealth Advisors LLC grew its stake in Simplify High Yield ETF (NYSEARCA:CDX – Free Report) by 275.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 154,152 shares of the company’s stock after purchasing an additional 113,040 shares during the period. WCG Wealth Advisors LLC’s holdings in Simplify High Yield ETF were worth $3,433,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Jane Street Group LLC increased its holdings in Simplify High Yield ETF by 222.4% in the first quarter. Jane Street Group LLC now owns 51,964 shares of the company’s stock valued at $1,192,000 after buying an additional 35,846 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Simplify High Yield ETF by 94,758.3% during the 2nd quarter. Osaic Holdings Inc. now owns 22,766 shares of the company’s stock worth $531,000 after buying an additional 22,742 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Simplify High Yield ETF by 139.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 167,395 shares of the company’s stock worth $3,835,000 after acquiring an additional 97,582 shares in the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of Simplify High Yield ETF by 9.3% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 246,053 shares of the company’s stock valued at $5,637,000 after acquiring an additional 20,898 shares during the last quarter. Finally, SlateStone Wealth LLC bought a new stake in shares of Simplify High Yield ETF in the 3rd quarter valued at approximately $3,770,000.
Simplify High Yield ETF Trading Up 0.7%
CDX stock opened at $21.17 on Friday. The stock’s 50 day simple moving average is $21.37 and its 200 day simple moving average is $21.90. Simplify High Yield ETF has a 12-month low of $21.02 and a 12-month high of $23.38. The firm has a market cap of $443.51 million, a P/E ratio of 11.17 and a beta of 0.30.
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.
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Want to see what other hedge funds are holding CDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify High Yield ETF (NYSEARCA:CDX – Free Report).
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