Mather Group LLC. bought a new stake in Simplify Target 15 Distribution ETF (NYSEARCA:XV – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 43,929 shares of the company’s stock, valued at approximately $1,059,000. Mather Group LLC. owned 1.01% of Simplify Target 15 Distribution ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its stake in Simplify Target 15 Distribution ETF by 48.3% in the second quarter. Envestnet Asset Management Inc. now owns 263,327 shares of the company’s stock worth $6,525,000 after purchasing an additional 85,719 shares in the last quarter. Claris Financial LLC acquired a new position in Simplify Target 15 Distribution ETF in the fourth quarter valued at about $898,000. Brookstone Capital Management acquired a new position in shares of Simplify Target 15 Distribution ETF in the first quarter valued at approximately $358,000. Legacy Wealth Managment LLC ID grew its holdings in shares of Simplify Target 15 Distribution ETF by 3,112.1% during the second quarter. Legacy Wealth Managment LLC ID now owns 11,917 shares of the company’s stock worth $295,000 after buying an additional 11,546 shares in the last quarter. Finally, WealthCare Asset Management LLC bought a new position in Simplify Target 15 Distribution ETF in the first quarter valued at $248,000.
Simplify Target 15 Distribution ETF Trading Down 0.8%
NYSEARCA:XV traded down $0.19 during mid-day trading on Friday, hitting $23.80. The stock had a trading volume of 24,086 shares, compared to its average volume of 43,535. The company’s 50 day simple moving average is $24.54 and its 200 day simple moving average is $24.54. Simplify Target 15 Distribution ETF has a twelve month low of $23.40 and a twelve month high of $27.47.
About Simplify Target 15 Distribution ETF
The Simplify Target 15 Distribution ETF (XV) is an actively managed exchange-traded fund that seeks to provide a 15% annualized distribution rate, paid monthly. The fund employs a strategy of selling barrier put options based on the worst-performing of three reference indices: S&P 500, Nasdaq 100, and Russell 2000. This approach aims to generate higher income levels compared to traditional fixed-income products, with defined downside risk through barrier levels. The fund offers a unique source of monthly income differentiated from traditional fixed income or volatility selling strategies.
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