Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sets New 52-Week Low – Here’s Why

Shares of Simplify Aggregate Bond ETF (NYSEARCA:AGGH – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $19.32 and last traded at $19.3150, with a volume of 99627 shares trading hands. The stock had previously closed at $19.52.

Simplify Aggregate Bond ETF Trading Down 0.7%

The company has a 50-day moving average price of $19.76 and a two-hundred day moving average price of $20.11.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Simplify Asset Management Inc. raised its holdings in Simplify Aggregate Bond ETF by 13.4% in the first quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock worth $42,921,000 after purchasing an additional 250,000 shares in the last quarter. Gradient Investments LLC purchased a new stake in Simplify Aggregate Bond ETF during the second quarter valued at approximately $37,475,000. Envestnet Asset Management Inc. boosted its stake in Simplify Aggregate Bond ETF by 12.8% in the second quarter. Envestnet Asset Management Inc. now owns 1,350,119 shares of the company’s stock valued at $27,232,000 after acquiring an additional 153,424 shares in the last quarter. Stadion Money Management LLC boosted its stake in Simplify Aggregate Bond ETF by 1.4% in the first quarter. Stadion Money Management LLC now owns 687,642 shares of the company’s stock valued at $13,994,000 after acquiring an additional 9,501 shares in the last quarter. Finally, Park Edge Advisors LLC grew its holdings in Simplify Aggregate Bond ETF by 12.6% in the first quarter. Park Edge Advisors LLC now owns 410,019 shares of the company’s stock worth $8,344,000 after purchasing an additional 45,757 shares during the last quarter.

About Simplify Aggregate Bond ETF

(Get Free Report)

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.

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