Mid American Wealth Advisory Group Inc. Acquires 27,097 Shares of Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Mid American Wealth Advisory Group Inc. lifted its holdings in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) by 26.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 129,895 shares of the company’s stock after acquiring an additional 27,097 shares during the period. Simplify High Yield PLUS Credit Hedge ETF makes up approximately 1.6% of Mid American Wealth Advisory Group Inc.’s investment portfolio, making the stock its 20th largest position. Mid American Wealth Advisory Group Inc. owned about 1.92% of Simplify High Yield PLUS Credit Hedge ETF worth $2,980,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of CDX. Jane Street Group LLC bought a new position in Simplify High Yield PLUS Credit Hedge ETF during the 4th quarter worth $352,000. Summit Financial LLC acquired a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF during the 4th quarter worth $383,000. LPL Financial LLC grew its holdings in shares of Simplify High Yield PLUS Credit Hedge ETF by 25.2% during the 4th quarter. LPL Financial LLC now owns 25,853 shares of the company’s stock worth $564,000 after purchasing an additional 5,196 shares in the last quarter. Napa Wealth Management increased its position in shares of Simplify High Yield PLUS Credit Hedge ETF by 42.7% in the fourth quarter. Napa Wealth Management now owns 26,007 shares of the company’s stock worth $567,000 after purchasing an additional 7,783 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in Simplify High Yield PLUS Credit Hedge ETF by 56.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 50,406 shares of the company’s stock valued at $1,099,000 after purchasing an additional 18,119 shares in the last quarter.

Simplify High Yield PLUS Credit Hedge ETF Stock Up 0.1%

CDX opened at $23.14 on Monday. The stock has a market capitalization of $165.45 million, a price-to-earnings ratio of 10.99 and a beta of 0.38. Simplify High Yield PLUS Credit Hedge ETF has a twelve month low of $21.34 and a twelve month high of $25.59. The company has a 50-day simple moving average of $23.05 and a 200 day simple moving average of $22.81.

Simplify High Yield PLUS Credit Hedge ETF Company 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.