Simplify Bitcoin Strategy PLUS Income ETF (MAXI) To Go Ex-Dividend on December 23rd

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) announced a monthly dividend on Friday, December 12th. Stockholders of record on Tuesday, December 23rd will be paid a dividend of 0.37 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 29.4%. The ex-dividend date of this dividend is Tuesday, December 23rd.

Simplify Bitcoin Strategy PLUS Income ETF Stock Performance

MAXI stock opened at $15.08 on Friday. The business has a 50 day moving average price of $20.16 and a 200 day moving average price of $26.89. Simplify Bitcoin Strategy PLUS Income ETF has a fifty-two week low of $13.82 and a fifty-two week high of $36.34.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Napa Wealth Management raised its stake in Simplify Bitcoin Strategy PLUS Income ETF by 14.4% during the 1st quarter. Napa Wealth Management now owns 66,388 shares of the company’s stock worth $1,330,000 after acquiring an additional 8,355 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Simplify Bitcoin Strategy PLUS Income ETF in the third quarter valued at $810,000. Cambridge Advisors Inc. grew its holdings in shares of Simplify Bitcoin Strategy PLUS Income ETF by 9.9% during the third quarter. Cambridge Advisors Inc. now owns 21,454 shares of the company’s stock worth $596,000 after purchasing an additional 1,930 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Simplify Bitcoin Strategy PLUS Income ETF during the first quarter worth about $276,000. Finally, Mid American Wealth Advisory Group Inc. increased its position in shares of Simplify Bitcoin Strategy PLUS Income ETF by 29.6% during the third quarter. Mid American Wealth Advisory Group Inc. now owns 13,352 shares of the company’s stock worth $371,000 after purchasing an additional 3,049 shares in the last quarter.

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.