Commonwealth Equity Services LLC Grows Stock Holdings in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX)

Commonwealth Equity Services LLC increased its stake in Simplify High Yield PLUS Credit Hedge ETF (NYSEARCA:CDX) by 2.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 166,715 shares of the company’s stock after buying an additional 4,487 shares during the period. Commonwealth Equity Services LLC owned 3.59% of Simplify High Yield PLUS Credit Hedge ETF worth $3,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Park Edge Advisors LLC raised its holdings in Simplify High Yield PLUS Credit Hedge ETF by 17.3% in the second quarter. Park Edge Advisors LLC now owns 391,785 shares of the company’s stock worth $8,998,000 after buying an additional 57,840 shares during the last quarter. SFG Wealth Management LLC. purchased a new position in Simplify High Yield PLUS Credit Hedge ETF in the 2nd quarter worth approximately $528,000. Finally, Avantax Advisory Services Inc. lifted its position in Simplify High Yield PLUS Credit Hedge ETF by 20.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 43,088 shares of the company’s stock valued at $988,000 after acquiring an additional 7,200 shares in the last quarter.

Simplify High Yield PLUS Credit Hedge ETF Price Performance

Simplify High Yield PLUS Credit Hedge ETF stock opened at $23.94 on Tuesday. Simplify High Yield PLUS Credit Hedge ETF has a 12 month low of $21.34 and a 12 month high of $25.59. The stock has a fifty day simple moving average of $23.51 and a two-hundred day simple moving average of $23.17.

Simplify High Yield PLUS Credit Hedge 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.