Simplify National Muni Bond ETF $NMB Shares Sold by Simplify Asset Management Inc.

Simplify Asset Management Inc. reduced its position in shares of Simplify National Muni Bond ETF (NYSEARCA:NMB) by 42.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,553,376 shares of the company’s stock after selling 1,160,700 shares during the period. Simplify National Muni Bond ETF makes up about 0.7% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 8th largest position. Simplify Asset Management Inc. owned approximately 0.81% of Simplify National Muni Bond ETF worth $39,192,000 at the end of the most recent quarter.

Separately, Goldman Sachs Group Inc. boosted its position in shares of Simplify National Muni Bond ETF by 0.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 200,742 shares of the company’s stock valued at $4,539,000 after purchasing an additional 742 shares in the last quarter.

Simplify National Muni Bond ETF Stock Performance

Shares of NYSEARCA:NMB opened at $25.09 on Tuesday. Simplify National Muni Bond ETF has a 1-year low of $21.84 and a 1-year high of $26.14. The company has a 50 day moving average price of $25.42 and a 200 day moving average price of $24.97.

Simplify National Muni Bond ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, November 21st.

Simplify National Muni Bond ETF Profile

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation. NMB was launched on Sep 9, 2024 and is issued by Simplify.