Napa Wealth Management Makes New Investment in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Napa Wealth Management purchased a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 18,224 shares of the company’s stock, valued at approximately $433,000. Napa Wealth Management owned about 0.39% of Simplify High Yield PLUS Credit Hedge ETF at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. SFG Wealth Management LLC. bought a new position in Simplify High Yield PLUS Credit Hedge ETF during the second quarter valued at approximately $528,000. Park Edge Advisors LLC increased its stake in shares of Simplify High Yield PLUS Credit Hedge ETF by 17.3% during the 2nd quarter. Park Edge Advisors LLC now owns 391,785 shares of the company’s stock worth $8,998,000 after purchasing an additional 57,840 shares during the last quarter. Truist Financial Corp raised its holdings in shares of Simplify High Yield PLUS Credit Hedge ETF by 1,018.0% during the 2nd quarter. Truist Financial Corp now owns 179,277 shares of the company’s stock valued at $4,117,000 after purchasing an additional 163,241 shares in the last quarter. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Simplify High Yield PLUS Credit Hedge ETF in the 3rd quarter valued at $1,512,000. Finally, AE Wealth Management LLC bought a new stake in Simplify High Yield PLUS Credit Hedge ETF in the second quarter worth $402,000.

Simplify High Yield PLUS Credit Hedge ETF Price Performance

Simplify High Yield PLUS Credit Hedge ETF stock opened at $23.38 on Monday. Simplify High Yield PLUS Credit Hedge ETF has a one year low of $21.34 and a one year high of $25.59. The company’s fifty day moving average price is $23.59 and its two-hundred day moving average price is $23.38.

Simplify High Yield PLUS Credit Hedge ETF 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.