True Wealth Design LLC Acquires New Stake in Simplify Bond Bull ETF $RFIX

True Wealth Design LLC acquired a new stake in shares of Simplify Bond Bull ETF (NYSEARCA:RFIX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 148,013 shares of the company’s stock, valued at approximately $7,196,000. Simplify Bond Bull ETF accounts for approximately 2.5% of True Wealth Design LLC’s investment portfolio, making the stock its 10th largest holding. True Wealth Design LLC owned 4.74% of Simplify Bond Bull ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Transce3nd LLC purchased a new stake in Simplify Bond Bull ETF during the first quarter valued at about $65,000. Cove Street Capital LLC bought a new stake in Simplify Bond Bull ETF during the 1st quarter valued at $70,000. Ancora Advisors LLC purchased a new stake in shares of Simplify Bond Bull ETF during the first quarter worth $102,000. Magnolia Private Wealth LLC bought a new position in shares of Simplify Bond Bull ETF in the second quarter worth $207,000. Finally, Envestnet Asset Management Inc. bought a new position in shares of Simplify Bond Bull ETF in the second quarter worth $331,000.

Simplify Bond Bull ETF Trading Up 0.5%

NYSEARCA:RFIX opened at $41.46 on Friday. The business’s fifty day moving average is $42.87 and its 200 day moving average is $45.34. Simplify Bond Bull ETF has a 52-week low of $39.95 and a 52-week high of $60.49.

About Simplify Bond Bull ETF

The Simplify Downside Interest Rate Hedge Strategy ETF (RFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed, seeking interest rate protection against the decrease in long-term interest rates and income generation in volatile market conditions. Investments include OTC interest-rate derivatives, US Treasurys, TIPS, and investment-grade bonds of any maturities.