Beacon Capital Management LLC Has $16.72 Million Stake in Simplify Treasury Option Income ETF (NYSEARCA:BUCK)

Beacon Capital Management LLC increased its position in shares of Simplify Treasury Option Income ETF (NYSEARCA:BUCK) by 88.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 677,368 shares of the company’s stock after buying an additional 318,614 shares during the quarter. Simplify Treasury Option Income ETF accounts for about 2.3% of Beacon Capital Management LLC’s portfolio, making the stock its 10th biggest holding. Beacon Capital Management LLC’s holdings in Simplify Treasury Option Income ETF were worth $16,717,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Principal Securities Inc. boosted its position in Simplify Treasury Option Income ETF by 283.2% during the fourth quarter. Principal Securities Inc. now owns 2,889 shares of the company’s stock valued at $71,000 after purchasing an additional 2,135 shares during the last quarter. Private Advisor Group LLC acquired a new position in Simplify Treasury Option Income ETF during the fourth quarter valued at approximately $235,000. Compass Capital Corp MA ADV acquired a new position in Simplify Treasury Option Income ETF during the fourth quarter valued at approximately $4,526,000. Straight Path Wealth Management acquired a new position in Simplify Treasury Option Income ETF during the fourth quarter valued at approximately $529,000. Finally, Inspire Advisors LLC boosted its position in Simplify Treasury Option Income ETF by 13.0% during the fourth quarter. Inspire Advisors LLC now owns 11,593 shares of the company’s stock valued at $284,000 after purchasing an additional 1,331 shares during the last quarter.

Simplify Treasury Option Income ETF Price Performance

Shares of NYSEARCA BUCK opened at $23.58 on Wednesday. The stock has a 50 day moving average price of $23.53 and a 200 day moving average price of $24.23. Simplify Treasury Option Income ETF has a 52 week low of $22.88 and a 52 week high of $25.12.

Simplify Treasury Option Income ETF Profile

The Simplify Stable Income ETF (BUCK) 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. BUCK was launched on Oct 27, 2022 and is managed by Simplify.