Compound Planning Inc. Buys New Shares in Simplify Managed Futures Strategy ETF $CTA

Compound Planning Inc. bought a new position in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) during the 3rd quarter, Holdings Channel.com reports. The firm bought 303,670 shares of the company’s stock, valued at approximately $8,494,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CWM LLC increased its stake in shares of Simplify Managed Futures Strategy ETF by 9.9% during the 3rd quarter. CWM LLC now owns 2,611,640 shares of the company’s stock valued at $73,048,000 after acquiring an additional 235,801 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Simplify Managed Futures Strategy ETF by 2,620.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,300,749 shares of the company’s stock valued at $64,904,000 after purchasing an additional 2,216,173 shares during the period. Bank of America Corp DE increased its position in Simplify Managed Futures Strategy ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 1,727,721 shares of the company’s stock worth $46,199,000 after purchasing an additional 12,920 shares during the last quarter. Boothe Investment Group Inc. raised its stake in Simplify Managed Futures Strategy ETF by 44.0% during the third quarter. Boothe Investment Group Inc. now owns 1,572,122 shares of the company’s stock worth $43,972,000 after purchasing an additional 480,429 shares during the period. Finally, AE Wealth Management LLC boosted its holdings in shares of Simplify Managed Futures Strategy ETF by 23.3% in the 2nd quarter. AE Wealth Management LLC now owns 1,198,924 shares of the company’s stock valued at $32,059,000 after purchasing an additional 226,842 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Performance

CTA stock opened at $30.01 on Tuesday. The business has a fifty day simple moving average of $28.05 and a 200-day simple moving average of $27.73. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $30.12.

Simplify Managed Futures Strategy ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 4.0%.

About Simplify Managed Futures Strategy ETF

The Simplify Managed Futures Strategy ETF (CTA) is an exchange-traded fund that mostly invests in global macro alternatives. The fund seeks absolute returns that have low correlation to the equities market. The actively managed fund uses futures in commodity, currency, and fixed income. CTA was launched on Mar 7, 2022 and is managed by Simplify.