Ameritas Advisory Services LLC Invests $53,000 in Simplify High Yield ETF $CDX

Ameritas Advisory Services LLC bought a new stake in shares of Simplify High Yield ETF (NYSEARCA:CDX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,273 shares of the company’s stock, valued at approximately $53,000.

A number of other large investors also recently bought and sold shares of the business. Beacon Capital Management LLC purchased a new position in Simplify High Yield ETF during the second quarter worth approximately $41,000. Avantax Advisory Services Inc. raised its stake in shares of Simplify High Yield ETF by 10.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 41,902 shares of the company’s stock worth $961,000 after buying an additional 3,948 shares during the period. Janney Montgomery Scott LLC acquired a new position in shares of Simplify High Yield ETF during the 2nd quarter worth approximately $1,085,000. Jane Street Group LLC lifted its position in shares of Simplify High Yield ETF by 222.4% during the 1st 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 in the last quarter. Finally, Centennial Wealth Advisory LLC lifted its position in shares of Simplify High Yield ETF by 23.1% during the 1st quarter. Centennial Wealth Advisory LLC now owns 53,352 shares of the company’s stock valued at $1,224,000 after buying an additional 9,996 shares in the last quarter.

Simplify High Yield ETF Stock Performance

Shares of NYSEARCA CDX opened at $22.72 on Monday. The firm has a market cap of $402.14 million, a PE ratio of 11.17 and a beta of 0.42. The firm has a fifty day moving average of $22.93 and a 200 day moving average of $23.02. Simplify High Yield ETF has a one year low of $21.57 and a one year high of $24.89.

Simplify High Yield ETF Company 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.