30,024 Shares in Simplify High Yield ETF $CDX Purchased by Cooper Financial Group

Cooper Financial Group acquired a new stake in shares of Simplify High Yield ETF (NYSEARCA:CDX) in the fourth quarter, HoldingsChannel reports. The fund acquired 30,024 shares of the company’s stock, valued at approximately $669,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CDX. AE Wealth Management LLC raised its position in shares of Simplify High Yield ETF by 20.8% in the 3rd quarter. AE Wealth Management LLC now owns 1,042,223 shares of the company’s stock valued at $23,877,000 after purchasing an additional 179,543 shares in the last quarter. Altiora Financial Group LLC grew its position in shares of Simplify High Yield ETF by 301.5% during the third quarter. Altiora Financial Group LLC now owns 1,005,361 shares of the company’s stock worth $23,033,000 after buying an additional 754,944 shares in the last quarter. Park Edge Advisors LLC increased its stake in shares of Simplify High Yield ETF by 17.3% in the third quarter. Park Edge Advisors LLC now owns 719,012 shares of the company’s stock worth $16,473,000 after buying an additional 106,035 shares during the last quarter. Insight Wealth Strategies LLC increased its stake in shares of Simplify High Yield ETF by 25.7% in the fourth quarter. Insight Wealth Strategies LLC now owns 647,232 shares of the company’s stock worth $14,414,000 after buying an additional 132,380 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Simplify High Yield ETF by 10.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 378,551 shares of the company’s stock valued at $8,654,000 after acquiring an additional 36,974 shares in the last quarter.

Simplify High Yield ETF Price Performance

CDX opened at $21.52 on Monday. Simplify High Yield ETF has a 12-month low of $21.49 and a 12-month high of $24.89. The stock has a market capitalization of $471.72 million, a PE ratio of 11.17 and a beta of 0.33. The firm’s fifty day moving average price is $22.04 and its 200 day moving average price is $22.43.

Simplify High Yield ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were paid a $0.15 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Tuesday, February 24th.

About Simplify High Yield ETF

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts. CDX was launched on Feb 14, 2022 and is managed by Simplify.