Simplify High Yield ETF $CDX Shares Acquired by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lifted its holdings in shares of Simplify High Yield ETF (NYSEARCA:CDX) by 60.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,563 shares of the company’s stock after acquiring an additional 58,010 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Simplify High Yield ETF were worth $3,442,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in CDX. Altiora Financial Group LLC lifted its holdings in shares of Simplify High Yield ETF by 301.5% during the 3rd quarter. Altiora Financial Group LLC now owns 1,005,361 shares of the company’s stock valued at $23,033,000 after acquiring an additional 754,944 shares in the last quarter. Meridian Wealth Management LLC acquired a new position in shares of Simplify High Yield ETF during the 4th quarter valued at $7,109,000. Drive Wealth Management LLC lifted its holdings in shares of Simplify High Yield ETF by 177.2% during the 4th quarter. Drive Wealth Management LLC now owns 372,252 shares of the company’s stock valued at $8,290,000 after acquiring an additional 237,952 shares in the last quarter. NewEdge Advisors LLC acquired a new position in shares of Simplify High Yield ETF during the 3rd quarter valued at $4,809,000. Finally, Kensington Asset Management LLC acquired a new position in shares of Simplify High Yield ETF during the 3rd quarter valued at $4,586,000.

Simplify High Yield ETF Trading Down 0.3%

NYSEARCA:CDX opened at $21.21 on Friday. The firm has a market capitalization of $444.35 million, a price-to-earnings ratio of 11.17 and a beta of 0.31. The firm’s fifty day simple moving average is $21.52 and its 200 day simple moving average is $22.06. Simplify High Yield ETF has a twelve month low of $21.16 and a twelve month high of $23.38.

Simplify High Yield 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. CDX was launched on Feb 14, 2022 and is managed by Simplify.