Seaview Investment Managers LLC Reduces Holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Seaview Investment Managers LLC lowered its position in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 8.8% during the fourth quarter, HoldingsChannel reports. The firm owned 32,895 shares of the company’s stock after selling 3,176 shares during the period. Seaview Investment Managers LLC’s holdings in Simplify Enhanced Income ETF were worth $757,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HIGH. Jane Street Group LLC grew its stake in Simplify Enhanced Income ETF by 138.3% during the 3rd quarter. Jane Street Group LLC now owns 136,863 shares of the company’s stock valued at $3,209,000 after acquiring an additional 79,440 shares in the last quarter. Mid American Wealth Advisory Group Inc. lifted its position in Simplify Enhanced Income ETF by 58.0% during the fourth quarter. Mid American Wealth Advisory Group Inc. now owns 102,082 shares of the company’s stock worth $2,350,000 after buying an additional 37,459 shares in the last quarter. Elevated Capital Advisors LLC acquired a new position in Simplify Enhanced Income ETF during the fourth quarter worth $840,000. Redhawk Wealth Advisors Inc. increased its stake in shares of Simplify Enhanced Income ETF by 6.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 28,691 shares of the company’s stock worth $660,000 after acquiring an additional 1,652 shares during the last quarter. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Simplify Enhanced Income ETF during the 4th quarter worth $59,000.

Simplify Enhanced Income ETF Price Performance

Shares of HIGH opened at $23.18 on Friday. Simplify Enhanced Income ETF has a 12-month low of $20.98 and a 12-month high of $24.57. The firm has a 50-day moving average price of $22.57 and a 200 day moving average price of $23.12.

Simplify Enhanced Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 26th.

About Simplify Enhanced Income ETF

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.