Cambridge Advisors Inc. Raises Stock Holdings in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI)

Cambridge Advisors Inc. grew its stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) by 14.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,663 shares of the company’s stock after buying an additional 1,589 shares during the quarter. Cambridge Advisors Inc.’s holdings in Simplify Bitcoin Strategy PLUS Income ETF were worth $280,000 as of its most recent SEC filing.

Simplify Bitcoin Strategy PLUS Income ETF Trading Up 3.5 %

NASDAQ:MAXI opened at $23.83 on Friday. Simplify Bitcoin Strategy PLUS Income ETF has a 12-month low of $17.20 and a 12-month high of $32.41. The stock has a 50-day moving average price of $22.26 and a 200 day moving average price of $25.35.

Simplify Bitcoin Strategy PLUS Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a dividend of $1.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 50.36%. The ex-dividend date was Wednesday, September 25th.

Simplify Bitcoin Strategy PLUS Income ETF Profile

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.