Continuum Advisory LLC Purchases 45,466 Shares of Simplify Opportunistic Income ETF $CRDT

Continuum Advisory LLC lifted its position in shares of Simplify Opportunistic Income ETF (NYSEARCA:CRDT) by 11.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 431,710 shares of the company’s stock after purchasing an additional 45,466 shares during the quarter. Simplify Opportunistic Income ETF accounts for approximately 0.9% of Continuum Advisory LLC’s investment portfolio, making the stock its 22nd largest holding. Continuum Advisory LLC owned approximately 0.27% of Simplify Opportunistic Income ETF worth $9,726,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. bought a new position in Simplify Opportunistic Income ETF in the third quarter worth $1,486,000. Cresset Asset Management LLC increased its holdings in Simplify Opportunistic Income ETF by 2.5% in the 3rd quarter. Cresset Asset Management LLC now owns 30,852 shares of the company’s stock valued at $730,000 after buying an additional 744 shares during the period. Mid American Wealth Advisory Group Inc. increased its holdings in Simplify Opportunistic Income ETF by 7.9% in the 4th quarter. Mid American Wealth Advisory Group Inc. now owns 201,104 shares of the company’s stock valued at $4,688,000 after buying an additional 14,789 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Simplify Opportunistic Income ETF by 317.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 33,161 shares of the company’s stock valued at $785,000 after buying an additional 25,216 shares in the last quarter. Finally, Focus Partners Wealth acquired a new position in shares of Simplify Opportunistic Income ETF in the 4th quarter valued at $6,442,000.

Simplify Opportunistic Income ETF Stock Performance

NYSEARCA:CRDT opened at $23.36 on Monday. The company has a 50-day moving average of $23.27 and a 200-day moving average of $23.18. Simplify Opportunistic Income ETF has a 52 week low of $21.69 and a 52 week high of $24.58. The company has a market capitalization of $37.84 million, a price-to-earnings ratio of 9.33 and a beta of 0.15.

Simplify Opportunistic Income ETF Company Profile

The Simplify Opportunistic Income ETF (CRDT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds various fixed income securities from developed markets. The fund has no maturity and credit rating limitation CRDT was launched on Jun 26, 2023 and is managed by Simplify.