Simplify High Yield ETF $CDX Shares Newly Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC acquired a new position in Simplify High Yield ETF (NYSEARCA:CDX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 27,742 shares of the company’s stock, valued at approximately $560,000.

Other large investors have also made changes to their positions in the company. NewEdge Wealth LLC boosted its stake in 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 purchasing an additional 30,768 shares during the period. Envestnet Asset Management Inc. grew its holdings in Simplify High Yield ETF by 10.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,655,982 shares of the company’s stock valued at $34,974,000 after buying an additional 159,062 shares during the last quarter. Retirement Planning Group LLC acquired a new stake in Simplify High Yield ETF in the 3rd quarter valued at approximately $1,145,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Simplify High Yield ETF by 10.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 267,497 shares of the company’s stock worth $5,650,000 after buying an additional 25,739 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Simplify High Yield ETF by 577.3% during the first quarter. Janney Montgomery Scott LLC now owns 71,939 shares of the company’s stock worth $1,535,000 after buying an additional 61,317 shares during the last quarter.

Simplify High Yield ETF Trading Up 0.1%

CDX opened at $20.19 on Friday. Simplify High Yield ETF has a 1-year low of $20.05 and a 1-year high of $22.88. The stock has a market capitalization of $304.87 million, a price-to-earnings ratio of 11.17 and a beta of 0.30. The business has a 50 day moving average of $20.41 and a 200-day moving average of $21.17.

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