HB Wealth Management LLC Invests $808,000 in Simplify Kayne Anderson Energy and Infrastructure Credit ETF $KNRG

HB Wealth Management LLC bought a new position in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) during the first quarter, Holdings Channel.com reports. The fund bought 31,798 shares of the company’s stock, valued at approximately $808,000.

Several other large investors have also recently bought and sold shares of the stock. Hazlett Burt & Watson Inc. acquired a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 4th quarter worth $25,000. Pekin Hardy Strauss Inc. increased its holdings in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 4.3% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 12,075 shares of the company’s stock worth $312,000 after purchasing an additional 500 shares during the period. Finally, CreativeOne Wealth LLC acquired a new position in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the fourth quarter valued at about $1,069,000.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Up 0.2%

Shares of KNRG opened at $25.78 on Friday. The company has a 50-day simple moving average of $25.77 and a 200-day simple moving average of $25.84. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 52 week low of $25.21 and a 52 week high of $26.31.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Profile

KNRG is an actively managed ETF that seeks to deliver attractive monthly income by investing in credit instruments of energy and infrastructure companies. This includes bonds, notes, loans, and hybrid or preferred shares. The fund focuses on instruments that offer higher yields and higher credit quality compared to traditional high-yield bond indices.