13,724 Shares in Simplify High Yield ETF $CDX Purchased by GWN Securities Inc.

GWN Securities Inc. bought a new stake in Simplify High Yield ETF (NYSEARCA:CDX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,724 shares of the company’s stock, valued at approximately $320,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Simplify High Yield ETF in the 2nd quarter worth approximately $7,890,000. Park Edge Advisors LLC raised its holdings in Simplify High Yield ETF by 43.3% during the second quarter. Park Edge Advisors LLC now owns 612,977 shares of the company’s stock worth $14,295,000 after purchasing an additional 185,176 shares in the last quarter. Summit Financial LLC lifted its position in Simplify High Yield ETF by 733.0% in the first quarter. Summit Financial LLC now owns 146,249 shares of the company’s stock worth $3,355,000 after purchasing an additional 128,693 shares during the period. Brookstone Capital Management bought a new position in Simplify High Yield ETF during the 2nd quarter valued at $1,241,000. Finally, AE Wealth Management LLC increased its position in shares of Simplify High Yield ETF by 9.6% during the 1st quarter. AE Wealth Management LLC now owns 559,274 shares of the company’s stock valued at $12,830,000 after purchasing an additional 49,214 shares during the period.

Simplify High Yield ETF Stock Performance

CDX opened at $22.73 on Thursday. The company has a market capitalization of $404.59 million, a PE ratio of 11.17 and a beta of 0.33. The stock’s fifty day moving average is $22.85 and its 200-day moving average is $23.00. Simplify High Yield ETF has a one year low of $21.57 and a one year high of $24.89.

About Simplify High Yield ETF

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.