Mid American Wealth Advisory Group Inc. Raises Stock Holdings in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Mid American Wealth Advisory Group Inc. grew its holdings in shares of Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) by 61.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,798 shares of the company’s stock after buying an additional 39,084 shares during the period. Simplify High Yield PLUS Credit Hedge ETF accounts for approximately 1.3% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 22nd biggest position. Mid American Wealth Advisory Group Inc. owned 2.21% of Simplify High Yield PLUS Credit Hedge ETF worth $2,242,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Simplify Asset Management Inc. increased its stake in Simplify High Yield PLUS Credit Hedge ETF by 2,600.0% during the 2nd quarter. Simplify Asset Management Inc. now owns 4,045,997 shares of the company’s stock valued at $92,918,000 after purchasing an additional 3,896,143 shares in the last quarter. Truist Financial Corp boosted its stake in Simplify High Yield PLUS Credit Hedge ETF by 1,018.0% during the 2nd quarter. Truist Financial Corp now owns 179,277 shares of the company’s stock valued at $4,117,000 after purchasing an additional 163,241 shares during the last quarter. Centennial Wealth Advisory LLC bought a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF in the 3rd quarter worth $1,156,000. Park Edge Advisors LLC raised its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 7.9% in the third quarter. Park Edge Advisors LLC now owns 422,647 shares of the company’s stock worth $10,032,000 after purchasing an additional 30,862 shares during the last quarter. Finally, Napa Wealth Management bought a new position in shares of Simplify High Yield PLUS Credit Hedge ETF during the third quarter valued at $433,000.

Simplify High Yield PLUS Credit Hedge ETF Price Performance

NYSEARCA CDX traded down $0.18 during trading hours on Monday, hitting $21.77. The company’s stock had a trading volume of 7,166 shares, compared to its average volume of 28,664. Simplify High Yield PLUS Credit Hedge ETF has a 12 month low of $21.34 and a 12 month high of $25.59. The company’s 50 day simple moving average is $22.86 and its two-hundred day simple moving average is $23.31.

Simplify High Yield PLUS Credit Hedge ETF 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.