Elevated Capital Advisors LLC Buys 42,798 Shares of Simplify Aggregate Bond ETF $AGGH

Elevated Capital Advisors LLC lifted its stake in shares of Simplify Aggregate Bond ETF (NYSEARCA:AGGH) by 22.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 233,476 shares of the company’s stock after acquiring an additional 42,798 shares during the quarter. Simplify Aggregate Bond ETF makes up approximately 1.1% of Elevated Capital Advisors LLC’s holdings, making the stock its 17th biggest position. Elevated Capital Advisors LLC owned about 1.36% of Simplify Aggregate Bond ETF worth $4,833,000 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 AGGH. Sound Income Strategies LLC increased its stake in shares of Simplify Aggregate Bond ETF by 588.7% in the fourth quarter. Sound Income Strategies LLC now owns 1,832 shares of the company’s stock worth $38,000 after purchasing an additional 1,566 shares in the last quarter. Farther Finance Advisors LLC bought a new position in Simplify Aggregate Bond ETF in the 3rd quarter worth $50,000. Stance Capital LLC purchased a new stake in Simplify Aggregate Bond ETF in the 3rd quarter worth $66,000. Guerra Advisors Inc purchased a new stake in Simplify Aggregate Bond ETF in the 3rd quarter worth $158,000. Finally, Foundations Investment Advisors LLC bought a new stake in Simplify Aggregate Bond ETF during the third quarter valued at about $264,000.

Simplify Aggregate Bond ETF Stock Performance

Shares of Simplify Aggregate Bond ETF stock opened at $20.58 on Friday. The stock’s 50-day simple moving average is $20.60 and its 200-day simple moving average is $20.73. Simplify Aggregate Bond ETF has a 52 week low of $19.77 and a 52 week high of $21.02.

Simplify Aggregate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 7.0%.

Simplify Aggregate Bond ETF Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.