Simplify Bitcoin Strategy PLUS Income ETF Plans Monthly Dividend of $0.08 (NASDAQ:MAXI)

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) announced a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Investors of record on Thursday, June 25th will be paid a dividend of 0.08 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 11.5%. The ex-dividend date is Thursday, June 25th.

Simplify Bitcoin Strategy PLUS Income ETF Stock Down 2.0%

Shares of NASDAQ MAXI traded down $0.17 during midday trading on Thursday, hitting $8.38. The company had a trading volume of 45,832 shares, compared to its average volume of 35,692. Simplify Bitcoin Strategy PLUS Income ETF has a twelve month low of $8.30 and a twelve month high of $36.34. The business has a 50-day simple moving average of $10.51 and a two-hundred day simple moving average of $11.75.

Institutional Investors Weigh In On Simplify Bitcoin Strategy PLUS Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of MAXI. Cambridge Advisors Inc. increased its stake in Simplify Bitcoin Strategy PLUS Income ETF by 4.2% in the 1st quarter. Cambridge Advisors Inc. now owns 32,732 shares of the company’s stock valued at $312,000 after purchasing an additional 1,330 shares in the last quarter. Authentikos Wealth Advisory LLC purchased a new stake in Simplify Bitcoin Strategy PLUS Income ETF during the fourth quarter worth $1,159,000. Mid American Wealth Advisory Group Inc. grew its holdings in Simplify Bitcoin Strategy PLUS Income ETF by 32.5% in the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 17,693 shares of the company’s stock valued at $253,000 after purchasing an additional 4,341 shares during the last quarter. Osaic Holdings Inc. acquired a new stake in Simplify Bitcoin Strategy PLUS Income ETF in the second quarter valued at $57,000. Finally, Orion Porfolio Solutions LLC purchased a new position in shares of Simplify Bitcoin Strategy PLUS Income ETF in the second quarter valued at $287,000.

Simplify Bitcoin Strategy PLUS Income ETF Company Profile

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.