Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sets New 12-Month Low – What’s Next?

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $19.81 and last traded at $19.81, with a volume of 28777 shares trading hands. The stock had previously closed at $19.89.

Simplify Aggregate Bond ETF Trading Up 0.2%

The company has a 50 day moving average of $20.14 and a 200 day moving average of $20.42.

Institutional Trading of Simplify Aggregate Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Key Capital Management INC purchased a new stake in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at approximately $3,077,000. Networth Advisors LLC purchased a new position in Simplify Aggregate Bond ETF in the fourth quarter valued at $672,000. FSA Advisors Inc. acquired a new stake in Simplify Aggregate Bond ETF in the fourth quarter valued at $1,891,000. Elevated Capital Advisors LLC lifted its holdings in Simplify Aggregate Bond ETF by 22.4% during the 4th quarter. Elevated Capital Advisors LLC now owns 233,476 shares of the company’s stock worth $4,833,000 after buying an additional 42,798 shares during the last quarter. Finally, Howard Bailey Securities LLC acquired a new position in shares of Simplify Aggregate Bond ETF during the 4th quarter worth about $2,567,000.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.