27,742 Shares in Simplify High Yield ETF $CDX Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new stake in shares of Simplify High Yield ETF (NYSEARCA:CDX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 27,742 shares of the company’s stock, valued at approximately $560,000. Partners Wealth Management LLC owned 0.18% of Simplify High Yield ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of Simplify High Yield ETF by 10.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,655,982 shares of the company’s stock worth $34,974,000 after acquiring an additional 159,062 shares during the last quarter. Insight Wealth Strategies LLC raised its holdings in shares of Simplify High Yield ETF by 12.4% during the second quarter. Insight Wealth Strategies LLC now owns 764,328 shares of the company’s stock worth $16,013,000 after acquiring an additional 84,230 shares in the last quarter. NewEdge Wealth LLC lifted its holdings in shares of Simplify High Yield ETF by 9.1% during the 1st quarter. NewEdge Wealth LLC now owns 368,211 shares of the company’s stock valued at $7,858,000 after buying an additional 30,768 shares during the last quarter. Flagship Harbor Advisors LLC lifted its stake in Simplify High Yield ETF by 2.2% in the third quarter. Flagship Harbor Advisors LLC now owns 325,275 shares of the company’s stock valued at $6,561,000 after acquiring an additional 7,064 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Simplify High Yield ETF by 10.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 267,497 shares of the company’s stock valued at $5,650,000 after purchasing an additional 25,739 shares during the last quarter.

Simplify High Yield ETF Stock Up 0.1%

Shares of Simplify High Yield ETF stock opened at $20.19 on Friday. The stock has a 50 day moving average price of $20.41 and a two-hundred day moving average price of $21.17. The stock has a market capitalization of $304.87 million, a P/E ratio of 11.17 and a beta of 0.30. Simplify High Yield ETF has a 12-month low of $20.05 and a 12-month high of $22.88.

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. CDX was launched on Feb 14, 2022 and is managed by Simplify.