Straight Path Wealth Management Invests $529,000 in Simplify Treasury Option Income ETF (NYSEARCA:BUCK)

Straight Path Wealth Management bought a new position in Simplify Treasury Option Income ETF (NYSEARCA:BUCK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 21,575 shares of the company’s stock, valued at approximately $529,000. Straight Path Wealth Management owned approximately 0.40% of Simplify Treasury Option Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Redhawk Wealth Advisors Inc. raised its stake in shares of Simplify Treasury Option Income ETF by 5.3% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 28,584 shares of the company’s stock worth $701,000 after acquiring an additional 1,434 shares in the last quarter. Authentikos Wealth Advisory LLC raised its position in Simplify Treasury Option Income ETF by 10.8% in the 4th quarter. Authentikos Wealth Advisory LLC now owns 14,793 shares of the company’s stock worth $363,000 after purchasing an additional 1,442 shares during the period. Principal Securities Inc. lifted its stake in Simplify Treasury Option Income ETF by 283.2% in the fourth quarter. Principal Securities Inc. now owns 2,889 shares of the company’s stock worth $71,000 after purchasing an additional 2,135 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in Simplify Treasury Option Income ETF during the third quarter valued at about $75,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of Simplify Treasury Option Income ETF during the fourth quarter valued at about $77,000.

Simplify Treasury Option Income ETF Price Performance

NYSEARCA BUCK opened at $24.62 on Thursday. Simplify Treasury Option Income ETF has a 1-year low of $24.28 and a 1-year high of $25.31. The stock has a 50-day moving average of $24.62 and a 200-day moving average of $24.61.

Simplify Treasury Option Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 25th. This is a positive change from Simplify Treasury Option Income ETF’s previous dividend of $0.10.

About Simplify Treasury Option Income ETF

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.