Advisory Services Network LLC Acquires 1,551 Shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Advisory Services Network LLC increased its holdings in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 12.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,686 shares of the company’s stock after purchasing an additional 1,551 shares during the quarter. Advisory Services Network LLC’s holdings in Simplify Enhanced Income ETF were worth $315,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of HIGH. Kestra Investment Management LLC acquired a new position in shares of Simplify Enhanced Income ETF in the fourth quarter valued at approximately $37,000. Decker Retirement Planning Inc. bought a new position in Simplify Enhanced Income ETF during the 4th quarter worth about $59,000. New Wave Wealth Advisors LLC bought a new stake in shares of Simplify Enhanced Income ETF in the fourth quarter valued at about $62,000. Geneos Wealth Management Inc. acquired a new position in shares of Simplify Enhanced Income ETF during the fourth quarter worth about $88,000. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Simplify Enhanced Income ETF by 46.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,686 shares of the company’s stock worth $108,000 after buying an additional 1,490 shares in the last quarter.

Simplify Enhanced Income ETF Stock Performance

NYSEARCA HIGH opened at $23.18 on Friday. Simplify Enhanced Income ETF has a 52 week low of $20.98 and a 52 week high of $24.57. The stock’s 50 day moving average price is $22.57 and its two-hundred day moving average price is $23.12.

Simplify Enhanced Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 26th.

Simplify Enhanced Income ETF Profile

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.