Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Reaches New 52-Week Low – What’s Next?

Simplify Aggregate Bond ETF (NYSEARCA:AGGH)’s stock price reached a new 52-week low on Thursday . The stock traded as low as $19.95 and last traded at $20.05, with a volume of 8321 shares changing hands. The stock had previously closed at $20.08.

Simplify Aggregate Bond ETF Price Performance

The company’s fifty day simple moving average is $20.22 and its 200 day simple moving average is $20.50.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of AGGH. Key Capital Management INC purchased a new stake in Simplify Aggregate Bond ETF in the fourth quarter worth about $3,077,000. Networth Advisors LLC bought a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter worth approximately $672,000. Elevated Capital Advisors LLC raised its position in shares of Simplify Aggregate Bond ETF by 22.4% in the 4th quarter. Elevated Capital Advisors LLC now owns 233,476 shares of the company’s stock worth $4,833,000 after acquiring an additional 42,798 shares in the last quarter. FSA Advisors Inc. purchased a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at approximately $1,891,000. Finally, Prevail Innovative Wealth Advisors LLC purchased a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at approximately $2,706,000.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.