Kestra Advisory Services LLC Cuts Stake in Simplify Treasury Option Income ETF $BUCK

Kestra Advisory Services LLC lessened its holdings in shares of Simplify Treasury Option Income ETF (NYSEARCA:BUCK) by 61.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,576 shares of the company’s stock after selling 67,460 shares during the quarter. Kestra Advisory Services LLC owned about 0.23% of Simplify Treasury Option Income ETF worth $977,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BUCK. NBC Securities Inc. purchased a new stake in Simplify Treasury Option Income ETF during the 4th quarter valued at approximately $42,000. CWM LLC raised its position in shares of Simplify Treasury Option Income ETF by 1,210.2% during the fourth quarter. CWM LLC now owns 1,926 shares of the company’s stock valued at $46,000 after buying an additional 1,779 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Simplify Treasury Option Income ETF in the second quarter worth $48,000. Hollencrest Capital Management purchased a new position in shares of Simplify Treasury Option Income ETF in the fourth quarter worth $50,000. Finally, Sound Income Strategies LLC boosted its position in shares of Simplify Treasury Option Income ETF by 360.7% during the fourth quarter. Sound Income Strategies LLC now owns 2,124 shares of the company’s stock worth $51,000 after acquiring an additional 1,663 shares during the last quarter.

Simplify Treasury Option Income ETF Stock Performance

Shares of NYSEARCA:BUCK opened at $23.45 on Friday. The firm has a fifty day moving average price of $23.47 and a 200 day moving average price of $23.58. Simplify Treasury Option Income ETF has a fifty-two week low of $23.35 and a fifty-two week high of $24.10.

Simplify Treasury Option Income ETF Profile

The Simplify Stable Income ETF (BUCK) 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. BUCK was launched on Oct 27, 2022 and is managed by Simplify.