179,049 Shares in Simplify High Yield ETF $CDX Bought by Security National Bank

Security National Bank bought a new stake in Simplify High Yield ETF (NYSEARCA:CDX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 179,049 shares of the company’s stock, valued at approximately $4,102,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Beacon Capital Management LLC purchased a new position in Simplify High Yield ETF during the 2nd quarter valued at about $41,000. TD Waterhouse Canada Inc. purchased a new position in shares of Simplify High Yield ETF during the 2nd quarter worth approximately $44,000. PNC Financial Services Group Inc. acquired a new position in shares of Simplify High Yield ETF during the 2nd quarter worth approximately $49,000. Ameritas Advisory Services LLC acquired a new position in shares of Simplify High Yield ETF during the 2nd quarter worth approximately $53,000. Finally, BayBridge Capital Group LLC acquired a new stake in Simplify High Yield ETF during the 3rd quarter valued at $219,000.

Simplify High Yield ETF Stock Performance

Simplify High Yield ETF stock opened at $22.29 on Wednesday. Simplify High Yield ETF has a fifty-two week low of $21.71 and a fifty-two week high of $24.89. The company has a market capitalization of $405.68 million, a price-to-earnings ratio of 11.17 and a beta of 0.33. The stock has a fifty day moving average of $22.56 and a two-hundred day moving average of $22.83.

About Simplify High Yield ETF

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.