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

Continuum Advisory LLC boosted its holdings in Simplify Opportunistic Income ETF (NYSEARCA:CRDT) by 11.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 431,710 shares of the company’s stock after buying an additional 45,466 shares during the period. Simplify Opportunistic Income ETF makes up about 0.9% of Continuum Advisory LLC’s investment portfolio, making the stock its 22nd largest position. Continuum Advisory LLC owned about 26.65% of Simplify Opportunistic Income ETF worth $9,726,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Focus Partners Wealth bought a new stake in shares of Simplify Opportunistic Income ETF in the fourth quarter valued at approximately $6,442,000. Principal Securities Inc. raised its stake in Simplify Opportunistic Income ETF by 7.1% during the 4th quarter. Principal Securities Inc. now owns 23,703 shares of the company’s stock valued at $553,000 after purchasing an additional 1,573 shares during the last quarter. Ascension Capital Advisors Inc. boosted its holdings in Simplify Opportunistic Income ETF by 3.4% in the 4th quarter. Ascension Capital Advisors Inc. now owns 635,914 shares of the company’s stock valued at $14,823,000 after purchasing an additional 20,924 shares during the period. Lloyd Advisory Services LLC. bought a new stake in Simplify Opportunistic Income ETF in the 4th quarter valued at $141,000. Finally, Kingdom Financial Group LLC. acquired a new stake in Simplify Opportunistic Income ETF in the 4th quarter worth $56,000.

Simplify Opportunistic Income ETF Stock Performance

NYSEARCA:CRDT opened at $23.36 on Monday. The firm’s 50-day moving average is $23.27 and its 200-day moving average is $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 cap 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.