Ferguson Shapiro LLC Raises Stake in Simplify Short Term Treasury Futures Strategy ETF $TUA

Ferguson Shapiro LLC boosted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) by 17.4% during the 4th quarter, Holdings Channel reports. The fund owned 2,235,784 shares of the company’s stock after buying an additional 331,451 shares during the period. Simplify Short Term Treasury Futures Strategy ETF comprises about 15.1% of Ferguson Shapiro LLC’s portfolio, making the stock its largest position. Ferguson Shapiro LLC owned approximately 0.07% of Simplify Short Term Treasury Futures Strategy ETF worth $48,970,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Key Capital Management INC bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $70,000. Financial Enhancement Group LLC bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $8,878,000. Altfest L J & Co. Inc. grew its holdings in Simplify Short Term Treasury Futures Strategy ETF by 1.5% during the 4th quarter. Altfest L J & Co. Inc. now owns 853,327 shares of the company’s stock worth $18,690,000 after acquiring an additional 12,681 shares in the last quarter. Mid American Wealth Advisory Group Inc. grew its holdings in Simplify Short Term Treasury Futures Strategy ETF by 3.7% during the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 1,139,443 shares of the company’s stock worth $24,957,000 after acquiring an additional 40,653 shares in the last quarter. Finally, Networth Advisors LLC bought a new position in Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $216,000.

Simplify Short Term Treasury Futures Strategy ETF Trading Down 0.2%

Shares of Simplify Short Term Treasury Futures Strategy ETF stock opened at $21.15 on Friday. Simplify Short Term Treasury Futures Strategy ETF has a 1 year low of $20.66 and a 1 year high of $22.56. The firm’s 50-day moving average is $21.46 and its two-hundred day moving average is $21.75.

Simplify Short Term Treasury Futures Strategy ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This is a positive change from Simplify Short Term Treasury Futures Strategy ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 1.7%.

About Simplify Short Term Treasury Futures Strategy ETF

The Simplify Short Term Treasury Futures Strategy ETF (TUA) is an exchange-traded fund that is based on the ICE US Treasury 7-10 Year Bond index. The fund seeks to match or outperform an intermediate-term US Treasury index for a calendar quarter, through an actively managed portfolio of futures, call and put options on US treasury futures, US government securities, and ETFs. TUA was launched on Nov 14, 2022 and is managed by Simplify.