AE Wealth Management LLC Reduces Stock Holdings in Simplify Volatility Premium ETF $SVOL

AE Wealth Management LLC trimmed its position in shares of Simplify Volatility Premium ETF (NYSEARCA:SVOL) by 45.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 965,243 shares of the company’s stock after selling 806,227 shares during the quarter. AE Wealth Management LLC’s holdings in Simplify Volatility Premium ETF were worth $17,374,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Huntington National Bank purchased a new position in shares of Simplify Volatility Premium ETF during the 2nd quarter valued at $37,000. Root Financial Partners LLC purchased a new stake in Simplify Volatility Premium ETF in the 3rd quarter worth about $50,000. Farther Finance Advisors LLC raised its stake in Simplify Volatility Premium ETF by 51.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,399 shares of the company’s stock valued at $61,000 after acquiring an additional 1,155 shares during the period. Whipplewood Advisors LLC raised its stake in Simplify Volatility Premium ETF by 24,705.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 4,961 shares of the company’s stock valued at $91,000 after acquiring an additional 4,941 shares during the period. Finally, Allworth Financial LP purchased a new stake in Simplify Volatility Premium ETF during the second quarter valued at about $184,000.

Simplify Volatility Premium ETF Stock Down 0.5%

Shares of NYSEARCA:SVOL opened at $17.55 on Friday. The firm has a market capitalization of $620.04 million, a PE ratio of 25.19 and a beta of 0.65. The company has a 50-day moving average price of $17.62 and a two-hundred day moving average price of $17.59. Simplify Volatility Premium ETF has a twelve month low of $13.18 and a twelve month high of $21.58.

Simplify Volatility Premium ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 20.5%.

Simplify Volatility Premium ETF Company Profile

The Simplify Volatility Premium ETF (SVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed portfolio that aims to provide income via short exposure to S&P 500 VIX short-term futures, reset daily. The fund also utilizes an option overlay strategy to protect against adverse moves in VIX. SVOL was launched on May 12, 2021 and is managed by Simplify.